1879 ELECTRIC LTD (OH) - 2020 PPP Loan Borrower Profile (# 5455527203)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1879 ELECTRIC LTD. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Ohio.

Loan Detail

Loan Number

5455527203

SBA Office Code

0593

Processing Method

PPP

Curent Loan Amount

$61,900

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$62,471.52

Date Loan was Forgiven

Apr 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

61,900

Lender

The Union Bank Company

Business Detail

Business Type

Corporation

NAICS

238210

Borrower Location

KENTON, OH

Project Location

KENTON, OH

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.