PPP Loan information for Merchant accessories inc

$40,000

Merchant accessories inc was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 01/29/2021 by The U.S. Bank, National Association reported 4 jobs and $40,000 was used to fund payroll.

Merchant accessories inc is Existing or more than 2 years old

PPP Loan Search / IL / Glenview / Merchant accessories inc

MERCHANT ACCESSORIES INC

Date Approved

01/29/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

MERCHANT ACCESSORIES INC

Borrower Address

1208 Glenview Rd

Borrower City

Glenview

Borrower State

IL

Borrower Zip

60025-3110

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Glenview

Project County Name

COOK

Project State

IL

Project Zip

60025-3110

CD

IL-09

Jobs Reported

4

NAICS Code

531390

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

39998.00

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

Subchapter S Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40246.67

Forgiveness Date

09/28/2021

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