Carter Electric INC

$300,157 PPP Loan in Galion, Ohio

Loan Details

Loan Number
5473567208
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$300,157
Current Approval
$300,157
Forgiveness Amount
$302,879
Forgiveness Date
Apr 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Carter Electric INC
Address
844 Edwards Street
City
Galion
State
Ohio
ZIP Code
44833-2225
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$9.5M
Rural/Urban
Rural
Congressional District
OH-05

Loan Use Breakdown

Payroll
$292,239
Rent
$6,000
Utilities
$1,918

Lender Information

Servicing Lender
Mechanics Bank
Originating Lender
Mechanics Bank

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