PPP Loan information for Associated merchants inc

$28,003

Associated merchants inc was initially approved for PPP Loan of amount $28,003, the current approved amount is $28,003. The loan was approved on 04/08/2020 by The Farmers & Merchants Union Bank reported 2 jobs and $28,003 was used to fund payroll.

Associated merchants inc is Existing or more than 2 years old

ASSOCIATED MERCHANTS INC

Date Approved

04/08/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

ASSOCIATED MERCHANTS INC

Borrower Address

219 W 3rd Street

Borrower City

BEAVER DAM

Borrower State

WI

Borrower Zip

53916-1615

Loan Status Date

11/07/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28003.09

Current Approval Amount

28003.09

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75733

Servicing Lender Name

Farmers & Merchants Union Bank

Servicing Lender Address

159 W James St

Servicing Lender City

COLUMBUS

Servicing Lender State

WI

Servicing Lender Zip

53925-1570

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BEAVER DAM

Project County Name

DODGE

Project State

WI

Project Zip

53916-1615

CD

WI-06

Jobs Reported

2

NAICS Code

423820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2600.61

Payroll Proceed

22402.48

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

3000

Business Type

Corporation

Originating Lender Location Id

75733

Originating Lender

Farmers & Merchants Union Bank

Originating Lender City

COLUMBUS

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

28140.42

Forgiveness Date

10/14/2020

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