PPP Loan information for Merchant care services, inc.

$333,500

Merchant care services, inc. was initially approved for PPP Loan of amount $333,500, the current approved amount is $333,500. The loan was approved on 04/28/2020 by The Live Oak Banking Company reported 46 jobs and $333,500 was used to fund payroll.

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

MERCHANT CARE SERVICES, INC.

Date Approved

04/28/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

MERCHANT CARE SERVICES, INC.

Borrower Address

222 Mamaroneck Ave, Ste 310

Borrower City

White Plains

Borrower State

NY

Borrower Zip

10605

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

333500.00

Current Approval Amount

333500.00

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

10605-0001

CD

NY-16

Jobs Reported

46

NAICS Code

621610

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

333500.00

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

337008.60

Forgiveness Date

05/19/2021

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