PPP Loan information for Mercer county electric inc

$587,543

Mercer county electric inc was initially approved for PPP Loan of amount $587,543, the current approved amount is $587,543. The loan was approved on 03/06/2021 by The The Park National Bank reported 28 jobs and $587,543 was used to fund payroll.

Mercer county electric inc is Existing or more than 2 years old

PPP Loan Search / OH / Fort Recovery / Mercer county electric inc

MERCER COUNTY ELECTRIC INC

Date Approved

03/06/2021

SBA Office Code

0593

Processing Method

PPS

Borrower Name

MERCER COUNTY ELECTRIC INC

Borrower Address

123 Railroad St

Borrower City

Fort Recovery

Borrower State

OH

Borrower Zip

45846-8065

Loan Status Date

03/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

587543.09

Current Approval Amount

587543.09

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fort Recovery

Project County Name

MERCER

Project State

OH

Project Zip

45846-8065

CD

OH-05

Jobs Reported

28

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

587538.09

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

592839.03

Forgiveness Date

02/03/2022

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