PPP Loan information for J.r. merritt controls inc

$1,009,073

J.r. merritt controls inc was initially approved for PPP Loan of amount $1,009,073, the current approved amount is $1,009,073. The loan was approved on 01/29/2021 by The First County Bank reported 41 jobs and $1,009,073 was used to fund payroll.

J.r. merritt controls inc is Existing or more than 2 years old

PPP Loan Search / CT / Stratford / J.r. merritt controls inc

J.R. MERRITT CONTROLS INC

Date Approved

01/29/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

J.R. MERRITT CONTROLS INC

Borrower Address

55 Sperry Ave

Borrower City

Stratford

Borrower State

CT

Borrower Zip

06615-7317

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1009072.50

Current Approval Amount

1009072.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16490

Servicing Lender Name

First County Bank

Servicing Lender Address

117 Prospect St

Servicing Lender City

STAMFORD

Servicing Lender State

CT

Servicing Lender Zip

06901-1201

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Stratford

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06615-7317

CD

CT-03

Jobs Reported

41

NAICS Code

339999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1009068.50

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

16490

Originating Lender

First County Bank

Originating Lender City

STAMFORD

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1014905.77

Forgiveness Date

09/07/2021

;