PPP Loan information for Merchant bank llc

$937,165

Merchant bank llc was initially approved for PPP Loan of amount $937,165, the current approved amount is $937,165. The loan was approved on 04/28/2020 by The Signature Bank reported 29 jobs and $937,165 was used to fund payroll.

Merchant bank llc is Existing or more than 2 years old

PPP Loan Search / NJ / RED BANK / Merchant bank llc

MERCHANT BANK LLC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MERCHANT BANK LLC

Borrower Address

172 MONMOUTH ST, 1ST FLOOR

Borrower City

RED BANK

Borrower State

NJ

Borrower Zip

07701

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

937165.24

Current Approval Amount

937165.24

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

224478

Servicing Lender Name

Signature Bank

Servicing Lender Address

565 5th Ave, 12th Fl

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10017-2496

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RED BANK

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07701-0001

CD

NJ-06

Jobs Reported

29

NAICS Code

522320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

937165.24

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

Limited Liability Company(LLC)

Originating Lender Location Id

224478

Originating Lender

Signature Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

948899.06

Forgiveness Date

08/09/2021

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