Current business record

MERIT ELECTRIC COMPANY

We found 4 public loan records at or above $150,000 in the current SBA release.

This is a historical government-data listing. It does not establish wrongdoing, eligibility, forgiveness, or the final amount disbursed.

Loan 1

$350,000–1 million
Filed business name
MERIT ELECTRIC COMPANY
Approval date
Jan 17, 2021
Initial approval amount
$361,765.00
Current approval amount
$361,765.00
Loan status
Paid in Full (Nov 5, 2021)
Forgiveness amount
$364,337.55
Jobs reported
17
Address
751 Payne Ave
Saint Paul, MN 55130-4152
Lender
First National Bank
NAICS code
238210
Business type
Corporation
Congressional district
MN-04

Loan 2

$150,000–350,000
Filed business name
MERIT ELECTRIC COMPANY
Approval date
Apr 4, 2020
Initial approval amount
$279,700.00
Current approval amount
$279,700.00
Loan status
Paid in Full (Apr 9, 2021)
Forgiveness amount
$281,347.12
Jobs reported
17
Address
751 PAYNE AVE
SAINT PAUL, MN 55130-4152
Lender
First National Bank
NAICS code
238210
Business type
Corporation
Congressional district
MN-04

Loan 3

$350,000–1 million
Filed business name
MERIT ELECTRIC COMPANY
Approval date
Jun 23, 2020
Initial approval amount
$942,300.00
Current approval amount
$942,300.00
Loan status
Paid in Full (Jan 20, 2021)
Forgiveness amount
$946,817.88
Jobs reported
59
Address
7785 White Fir Street
Reno, NV 89523-8930
Lender
Zions Bank, A Division of
NAICS code
238210
Business type
Subchapter S Corporation
Congressional district
NV-02

Loan 4

$1–2 million
Filed business name
MERIT ELECTRIC COMPANY
Approval date
Apr 16, 2020
Initial approval amount
$1,666,700.00
Current approval amount
$1,666,700.00
Loan status
Paid in Full (Dec 19, 2020)
Forgiveness amount
$1,675,558.62
Jobs reported
142
Address
5626 Mitchelldale
Houston, TX 77092-7028
Lender
Prosperity Bank
NAICS code
238210
Business type
Corporation
Congressional district
TX-18