PPP Loan information for Merchant grain llc

$62,500

Merchant grain llc was initially approved for PPP Loan of amount $62,500, the current approved amount is $62,500. The loan was approved on 02/27/2021 by The Eastern Michigan Bank reported 8 jobs and $62,500 was used to fund payroll.

Merchant grain llc is Existing or more than 2 years old

MERCHANT GRAIN LLC

Date Approved

02/27/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MERCHANT GRAIN LLC

Borrower Address

429 N State St

Borrower City

Caro

Borrower State

MI

Borrower Zip

48723-1563

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

62500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33734

Servicing Lender Name

Eastern Michigan Bank

Servicing Lender Address

65 N Howard Ave

Servicing Lender City

CROSWELL

Servicing Lender State

MI

Servicing Lender Zip

48422-1222

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Caro

Project County Name

TUSCOLA

Project State

MI

Project Zip

48723-1563

CD

MI-09

Jobs Reported

8

NAICS Code

111998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

62499.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

33734

Originating Lender

Eastern Michigan Bank

Originating Lender City

CROSWELL

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

62898.97

Forgiveness Date

10/25/2021

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