Merit Electrical Corp
$134,825 PPP Loan in Hawthorne, New Jersey
Loan Details
- Loan Number
- 1112407703
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $134,825
- Current Approval
- $134,825
- Forgiveness Amount
- $136,055
- Forgiveness Date
- Apr 2, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Merit Electrical Corp
- Address
- 280 9th Ave Unit 8
- City
- Hawthorne
- State
- New Jersey
- ZIP Code
- 07506
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 110
- Estimated Revenue
- $36.2M
- Rural/Urban
- Urban
- Congressional District
- NJ-09
Loan Use Breakdown
- Payroll
- $115,517
- Health Care
- $19,308
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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