PPP Loan information for Mer electric inc.

$616,385

Mer electric inc. was initially approved for PPP Loan of amount $616,385, the current approved amount is $616,385. The loan was approved on 03/18/2021 by The JPMorgan Chase Bank, National Association reported 35 jobs and $616,385 was used to fund payroll.

Mer electric inc. is Existing or more than 2 years old

PPP Loan Search / NY / Astoria / Mer electric inc.

MER ELECTRIC INC.

Date Approved

03/18/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

MER ELECTRIC INC.

Borrower Address

3005 30th Ave Ste 200

Borrower City

Astoria

Borrower State

NY

Borrower Zip

11102-2193

Loan Status Date

04/06/2021

Loan Status

Charged Off

Term

41

SBA Guaranty Percentage

100

Initial Approval Amount

616385.00

Current Approval Amount

616385.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Astoria

Project County Name

QUEENS

Project State

NY

Project Zip

11102-2193

CD

NY-14

Jobs Reported

35

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

616383.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;