PPP Loan information for Merchant grain llc

$55,400

Merchant grain llc was initially approved for PPP Loan of amount $55,400, the current approved amount is $55,400. The loan was approved on 04/07/2020 by The Eastern Michigan Bank reported 9 jobs and $55,400 was used to fund payroll.

Merchant grain llc is Existing or more than 2 years old

MERCHANT GRAIN LLC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MERCHANT GRAIN LLC

Borrower Address

429 n. STATE ST

Borrower City

CARO

Borrower State

MI

Borrower Zip

48723-1563

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55400.00

Current Approval Amount

55400.00

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

9

NAICS Code

111998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18466.00

Payroll Proceed

18466.00

Mortgage Interest Proceed

0.00

Rent Proceed

18468.00

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

46664.42

Forgiveness Date

11/10/2020

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