Mercer County Electric, INC

$587,542 PPP Loan in Fort Recovery, Ohio

Loan Details

Loan Number
8262067008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$587,542
Current Approval
$587,542
Forgiveness Amount
$593,273
Forgiveness Date
Apr 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mercer County Electric, INC
Address
123 Railroad St
State
Ohio
ZIP Code
45846-8065
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$8.6M
Rural/Urban
Rural
Congressional District
OH-05

Loan Use Breakdown

Payroll
$556,171
Rent
$1,130
Utilities
$2,500
Health Care
$27,741

Lender Information

Servicing Lender
The Park National Bank
Originating Lender
The Park National Bank

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