Merit Electric INC
$1,000,000 PPP Loan in Fort Collins, Colorado
Loan Details
- Loan Number
- 9593517000
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,000,000
- Current Approval
- $1,000,000
- Forgiveness Amount
- $1,007,479
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Merit Electric INC
- Address
- 2590 Midpoint Dr
- City
- Fort Collins
- State
- Colorado
- ZIP Code
- 80525-4416
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 84
- Estimated Revenue
- $27.6M
- Rural/Urban
- Urban
- Congressional District
- CO-02
Loan Use Breakdown
- Payroll
- $922,308
- Utilities
- $68,000
- Debt Interest
- $9,692
Lender Information
- Servicing Lender
- First National Bank of Omaha
- Originating Lender
- Western States Bank, a Division of First National Bank of Omaha
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