Proline Electric Inc.

$492,242 PPP Loan in Lancaster, Ohio

Loan Details

Loan Number
7762907002
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$492,242
Current Approval
$492,242
Forgiveness Amount
$497,014
Forgiveness Date
Apr 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Proline Electric Inc.
Address
1755 Victor Rd
State
Ohio
ZIP Code
43130-0001
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$16.5M
Rural/Urban
Rural
Congressional District
OH-12

Loan Use Breakdown

Payroll
$369,182
Rent
$123,061

Lender Information

Servicing Lender
Peoples Bank
Originating Lender
Peoples Bank

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