PPP Loan information for Global merchants inc

$70,600

Global merchants inc was initially approved for PPP Loan of amount $70,600, the current approved amount is $70,600. The loan was approved on 04/16/2020 by The Union Savings Bank reported 6 jobs and $70,600 was used to fund payroll.

Global merchants inc is Existing or more than 2 years old

GLOBAL MERCHANTS INC

Date Approved

04/16/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

GLOBAL MERCHANTS INC

Borrower Address

12 Lunar Drive

Borrower City

WOODBRIDGE

Borrower State

CT

Borrower Zip

06525-2322

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70600.00

Current Approval Amount

70600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16112

Servicing Lender Name

Union Savings Bank

Servicing Lender Address

226 Main St

Servicing Lender City

DANBURY

Servicing Lender State

CT

Servicing Lender Zip

06810-6635

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WOODBRIDGE

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06525-2322

CD

CT-03

Jobs Reported

6

NAICS Code

423920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

70600.00

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

Corporation

Originating Lender Location Id

16112

Originating Lender

Union Savings Bank

Originating Lender City

DANBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

71270.70

Forgiveness Date

03/30/2021

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