PPP Loan information for Merchant capital group llc

$323,137

Merchant capital group llc was initially approved for PPP Loan of amount $323,137, the current approved amount is $323,137. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 53 jobs and $323,137 was used to fund payroll.

Merchant capital group llc is Existing or more than 2 years old

MERCHANT CAPITAL GROUP LLC

Date Approved

05/01/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

MERCHANT CAPITAL GROUP LLC

Borrower Address

111 NW 183RD STREET SUITE 316

Borrower City

MIAMI GARDENS

Borrower State

FL

Borrower Zip

33169-2000

Loan Status Date

02/16/2022

Loan Status

Charged Off

Term

2

SBA Guaranty Percentage

100

Initial Approval Amount

323137.00

Current Approval Amount

323137.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIAMI GARDENS

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33169-2000

CD

FL-24

Jobs Reported

53

NAICS Code

522320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

323137.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;