Fort Meigs Auto Electric Co.

$171,500 PPP Loan in Northwood, Ohio

Loan Details

Loan Number
4526297101
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$171,500
Current Approval
$171,500
Forgiveness Amount
$172,407
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Fort Meigs Auto Electric Co.
Address
6610 Fairfield Dr Ste D
State
Ohio
ZIP Code
43619-7510
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423120)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$7.4M
Rural/Urban
Urban
Congressional District
OH-09

Loan Use Breakdown

Payroll
$137,200
Utilities
$10,000
Health Care
$24,300

Lender Information

Servicing Lender
Signature Bank, National Association
Originating Lender
Signature Bank, National Association

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