PPP Loan information for Merchand brothers, inc

$28,100

Merchand brothers, inc was initially approved for PPP Loan of amount $28,100, the current approved amount is $28,100. The loan was approved on 04/13/2020 by The Ledyard National Bank reported 4 jobs and $28,100 was used to fund payroll.

Merchand brothers, inc is Existing or more than 2 years old

PPP Loan Search / VT / WHITE RIVER JUNCTION / Merchand brothers, inc

MERCHAND BROTHERS, INC

Date Approved

04/13/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

MERCHAND BROTHERS, INC

Borrower Address

PO BOX 1092

Borrower City

WHITE RIVER JUNCTION

Borrower State

VT

Borrower Zip

05001-1092

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28100.00

Current Approval Amount

28100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117112

Servicing Lender Name

Ledyard National Bank

Servicing Lender Address

320 Main St

Servicing Lender City

NORWICH

Servicing Lender State

VT

Servicing Lender Zip

05055-4418

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WHITE RIVER JUNCTION

Project County Name

WINDSOR

Project State

VT

Project Zip

05001-1092

CD

VT-

Jobs Reported

4

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3372.00

Payroll Proceed

22480.00

Mortgage Interest Proceed

2248.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

117112

Originating Lender

Ledyard National Bank

Originating Lender City

NORWICH

Originating Lender State

VT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

28369.45

Forgiveness Date

04/08/2021

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