PPP Loan information for Scharton electric company, inc.

$226,250

Scharton electric company, inc. was initially approved for PPP Loan of amount $226,250, the current approved amount is $226,250. The loan was approved on 04/11/2020 by The The Huntington National Bank reported 11 jobs and $226,250 was used to fund payroll.

Scharton electric company, inc. is Existing or more than 2 years old

SCHARTON ELECTRIC COMPANY, INC.

Date Approved

04/11/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

SCHARTON ELECTRIC COMPANY, INC.

Borrower Address

28730 CANNON RD

Borrower City

SOLON

Borrower State

OH

Borrower Zip

44139-1550

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

226250.00

Current Approval Amount

226250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOLON

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44139-1550

CD

OH-07

Jobs Reported

11

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

226250.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

228320.34

Forgiveness Date

03/31/2021

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