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
- City
- Fort Recovery
- 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
Other PPP Loans in Fort Recovery, OH
| Business | Approved | |
|---|---|---|
| Dove Investments INC | $6,065,900 | |
| Fort Recovery Industries INC | $3,546,316 | |
| J. & M. Manufacturing Co., INC | $2,262,500 | |
| Kaup Pharmacy, Inc. | $765,252 | |
| Mercer County Electric INC | $587,543 |
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