Merit Electrical Group INC

$932,100 PPP Loan in Oakmont, Pennsylvania

Loan Details

Loan Number
2327497100
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$932,100
Current Approval
$932,100
Forgiveness Amount
$940,400
Forgiveness Date
Mar 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Merit Electrical Group INC
Address
204 Pennsylvania Ave
ZIP Code
15139-1925
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$16.1M
Rural/Urban
Urban
Congressional District
PA-17

Loan Use Breakdown

Payroll
$932,100

Lender Information

Servicing Lender
The Farmers National Bank of Canfield
Originating Lender
The Farmers National Bank of Canfield

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