# PPP loan: BRUCE-MERRILEES ELECTRIC COMPANY
> **$6.74M** approved 04/12/2020 · Paid in Full · Loan `3831867108`
## Borrower
- **Name:** BRUCE-MERRILEES ELECTRIC COMPANY
- **Address:** 930 Cass Street, NEW CASTLE, PA, 16101-5202
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.74M
- **Initial approval:** $6.74M
- **Forgiven:** $6.82M (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.74M
- **Jobs reported:** 249
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*