Area Energy & Electric, Inc.

$6,131,388 PPP Loan in Sidney, Ohio

Loan Details

Loan Number
6755377300
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$6,131,388
Current Approval
$6,131,388
Forgiveness Amount
$6,198,918
Forgiveness Date
Jun 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Area Energy & Electric, Inc.
Address
2001 Commerce Dr
City
Sidney
State
Ohio
ZIP Code
45365-9393
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
408
Estimated Revenue
$134.2M
Rural/Urban
Rural
Congressional District
OH-15

Loan Use Breakdown

Payroll
$6,131,388

Lender Information

Servicing Lender
First National Bank in New Bremen
Originating Lender
First National Bank in New Bremen

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