Merit Electrical Group Inc.

$933,404 PPP Loan in Oakmont, Pennsylvania

Loan Details

Loan Number
4335118500
Date Approved
Feb 25, 2021
Loan Status
Paid in Full
Initial Approval
$933,404
Current Approval
$933,404
Forgiveness Amount
$940,488
Forgiveness Date
Dec 1, 2021
Term
60 months
Draw
Second 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
55
Estimated Revenue
$18.1M
Rural/Urban
Urban
Congressional District
PA-17

Loan Use Breakdown

Payroll
$933,401
Utilities
$1

Lender Information

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

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