PPP Loan information for Merchant focus processing

$250,000

Merchant focus processing was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 04/13/2020 by The Readycap Lending, LLC reported 10 jobs and $250,000 was used to fund payroll.

Merchant focus processing is Existing or more than 2 years old

MERCHANT FOCUS PROCESSING

Date Approved

04/13/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

MERCHANT FOCUS PROCESSING

Borrower Address

105 N Riveview Road #314

Borrower City

Dublin

Borrower State

OH

Borrower Zip

43017

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dublin

Project County Name

FRANKLIN

Project State

OH

Project Zip

43017-0001

CD

OH-15

Jobs Reported

10

NAICS Code

561312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

250000.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

252650.68

Forgiveness Date

05/21/2021

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