Merit Electric, LLC

$353,100 PPP Loan in Calvert City, Kentucky

Loan Details

Loan Number
7900957005
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$353,100
Current Approval
$353,100
Forgiveness Amount
$355,621
Forgiveness Date
Dec 31, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Merit Electric, LLC
Address
US Highway 95
ZIP Code
42029-8817
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$9.9M
Rural/Urban
Rural
Congressional District
KY-01

Loan Use Breakdown

Payroll
$264,825
Rent
$44,137
Utilities
$44,138

Lender Information

Servicing Lender
Fnb Bank, Inc.
Originating Lender
Fnb Bank, Inc.

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