Date Approved
02/11/2021
SBA Office Code
0202
Processing Method
PPS
Borrower Name
MERCHANT CARE SERVICES INC.
Borrower Address
222 Mamaroneck Ave Ste 310
Borrower City
White Plains
Borrower State
NY
Borrower Zip
10605-1316
Loan Status Date
01/11/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
334181.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
BrightStar Care
Servicing Lender Location Id
455644
Servicing Lender Name
Live Oak Banking Company
Servicing Lender Address
1741 Tiburon Dr
Servicing Lender City
WILMINGTON
Servicing Lender State
NC
Servicing Lender Zip
28403-6244
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WESTCHESTER
Project State
Project Zip
CD
NY-16
Jobs Reported
31
NAICS Code
621610
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
334180.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
337010.09
Forgiveness Date
12/29/2021