PPP Loan information for Merchant funding services corp

$65,671

Merchant funding services corp was initially approved for PPP Loan of amount $65,671, the current approved amount is $65,671. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 8 jobs and $65,671 was used to fund payroll.

Merchant funding services corp is New Business or 2 years or less

MERCHANT FUNDING SERVICES CORP

Date Approved

05/01/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

MERCHANT FUNDING SERVICES CORP

Borrower Address

3646 38TH ST

Borrower City

LONG ISLAND CITY

Borrower State

NY

Borrower Zip

11101-1622

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65671.00

Current Approval Amount

65671.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LONG ISLAND CITY

Project County Name

QUEENS

Project State

NY

Project Zip

11101-1622

CD

NY-07

Jobs Reported

8

NAICS Code

522298

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

65671.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

66622.78

Forgiveness Date

10/18/2021

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