PPP Loan information for Mercer county electric, inc

$587,542

Mercer county electric, inc was initially approved for PPP Loan of amount $587,542, the current approved amount is $587,542. The loan was approved on 04/08/2020 by The The Park National Bank reported 26 jobs and $587,542 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

04/08/2020

SBA Office Code

0593

Processing Method

PPP

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

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

587542.00

Current Approval Amount

587542.00

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

26

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2500.00

Payroll Proceed

556171.00

Mortgage Interest Proceed

0.00

Rent Proceed

1130.00

Refinance EIDL Proceed

0.00

Health Care Proceed

27741.00

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

593272.55

Forgiveness Date

04/14/2021

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