PPP Loan information for Mer engineering co

$68,500

Mer engineering co was initially approved for PPP Loan of amount $68,500, the current approved amount is $68,500. The loan was approved on 03/01/2021 by The Northwest Bank reported 10 jobs and $68,500 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

03/01/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

MER ENGINEERING CO

Borrower Address

109 Regency West Ct

Borrower City

Fort Dodge

Borrower State

IA

Borrower Zip

50501-4407

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

68500.00

Current Approval Amount

68500.00

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

10

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

68496.00

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

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

68859.62

Forgiveness Date

09/15/2021

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