As part of the Paycheck Protection Program MERIT ELECTRIC INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

MERIT ELECTRIC INC


Loan Amount	$1,000,000
BusinessName	MERIT ELECTRIC INC
Address	2590 Midpoint Dr
City	Fort Collins
State	CO
Zip	80525
NAICSCode	238210
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Unanswered
NonProfit
JobsReported	84
DateApproved	04/09/2020
Lender	Western States Bank
CD	CO-02
BusinessName.clean	MERIT ELECTRIC

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

MERIT ELECTRIC OF SPOKANE
MERIT ELECTRICAL GROUP
MERIT FINANCIAL GROUP
MERIT FRAMING
MERIT INTERNATIONAL