PPP Loan information for Effective merch llc
$561,325
Effective merch llc was initially approved for PPP Loan of amount $561,325, the current approved amount is $561,325. The loan was approved on 04/27/2020 by The Valley National Bank reported 101 jobs and $561,325 was used to fund payroll.
Effective merch llc is New Business or 2 years or less
EFFECTIVE MERCH LLC
Date Approved
04/27/2020
SBA Office Code
0455
Processing Method
PPP
Borrower Name
EFFECTIVE MERCH LLC
Borrower Address
3360 NW 110th Street
Borrower City
MIAMI
Borrower State
FL
Borrower Zip
33167-3720
Loan Status Date
05/08/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
561325.00
Current Approval Amount
561325.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
45120
Servicing Lender Name
Valley National Bank
Servicing Lender Address
615 Main Ave
Servicing Lender City
PASSAIC
Servicing Lender State
NJ
Servicing Lender Zip
07055-5066
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Y
Business Age Description
New Business or 2 years or less
Project City
MIAMI
Project County Name
MIAMI-DADE
Project State
FL
Project Zip
33167-3720
CD
FL-24
Jobs Reported
101
NAICS Code
323113
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
0.00
Payroll Proceed
561325.00
Mortgage Interest Proceed
0.00
Rent Proceed
0.00
Refinance EIDL Proceed
0.00
Health Care Proceed
0.00
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
45120
Originating Lender
Valley National Bank
Originating Lender City
PASSAIC
Originating Lender State
NJ
Gender
Unanswered
Veteran
Unanswered
Non Profit
Forgiveness Amount
566797.92
Forgiveness Date
04/28/2021