PPP Loan information for Mer engineering co.

$91,800

Mer engineering co. was initially approved for PPP Loan of amount $91,800, the current approved amount is $91,800. The loan was approved on 04/10/2020 by The Northwest Bank reported 8 jobs and $91,800 was used to fund payroll.

Mer engineering co. is Existing or more than 2 years old

PPP Loan Search / IA / FORT DODGE / Mer engineering co.

MER ENGINEERING CO.

Date Approved

04/10/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MER ENGINEERING CO.

Borrower Address

109 Regency West Court

Borrower City

FORT DODGE

Borrower State

IA

Borrower Zip

50501-4407

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

91800.00

Current Approval Amount

91800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FORT DODGE

Project County Name

WEBSTER

Project State

IA

Project Zip

50501-4407

CD

IA-04

Jobs Reported

8

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5958.00

Payroll Proceed

73440.00

Mortgage Interest Proceed

0.00

Rent Proceed

9000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3402.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

92610.90

Forgiveness Date

03/05/2021

;