Sommer Electric Corporation

$63,800 PPP Loan in Canton, Ohio

Loan Details

Loan Number
8751757102
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$63,800
Current Approval
$63,800
Forgiveness Amount
$64,422
Forgiveness Date
Apr 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sommer Electric Corporation
Address
818 3rd St NE
City
Canton
State
Ohio
ZIP Code
44704-1139
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
OH-13

Loan Use Breakdown

Payroll
$63,800

Lender Information

Servicing Lender
Premier Bank
Originating Lender
Premier Bank

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