PPP Loan information for Mer inc

$176,300

Mer inc was initially approved for PPP Loan of amount $176,300, the current approved amount is $176,300. The loan was approved on 05/01/2020 by The Bar Harbor Bank & Trust reported 46 jobs and $176,300 was used to fund payroll.

Mer inc is Existing or more than 2 years old

MER INC

Date Approved

05/01/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

MER INC

Borrower Address

565 Eden St

Borrower City

BAR HARBOR

Borrower State

ME

Borrower Zip

04609-7456

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

176300.00

Current Approval Amount

176300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29575

Servicing Lender Name

Bar Harbor Bank & Trust

Servicing Lender Address

82 Main St

Servicing Lender City

BAR HARBOR

Servicing Lender State

ME

Servicing Lender Zip

04609-1840

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BAR HARBOR

Project County Name

HANCOCK

Project State

ME

Project Zip

04609-7456

CD

ME-02

Jobs Reported

46

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

176300.00

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

29575

Originating Lender

Bar Harbor Bank & Trust

Originating Lender City

BAR HARBOR

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

177294.14

Forgiveness Date

11/25/2020

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