PPP Loan information for Merchant care services inc.

$334,181

Merchant care services inc. was initially approved for PPP Loan of amount $334,181, the current approved amount is $334,181. The loan was approved on 02/11/2021 by The Live Oak Banking Company reported 31 jobs and $334,181 was used to fund payroll.

Merchant care services inc. is Existing or more than 2 years old

MERCHANT CARE SERVICES INC.

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

334181.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

White Plains

Project County Name

WESTCHESTER

Project State

NY

Project Zip

10605-1316

CD

NY-16

Jobs Reported

31

NAICS Code

621610

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

334180.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

337010.09

Forgiveness Date

12/29/2021

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