MEYER ELECTRIC & SOLAR LLC (VI) - 2020 PPP Loan Borrower Profile (# 7501718405)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to MEYER ELECTRIC & SOLAR LLC. 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 US Virgin Islands.
Loan Detail
Loan Number
7501718405
SBA Office Code
0252
Processing Method
PPS
Curent Loan Amount
$81,520
Date Loan was Approved
Feb 12, 2021
Amount Forgiven
$81,773.62
Date Loan was Forgiven
Jun 15, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Payroll Proced
81,517
Lender
Merchants Commercial Bank
Business Detail
Business Type
Corporation
NAICS
238210
Borrower Location
St John, VI
Project Location
St John, VI
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
11
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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