PPP Loan information for Merchant one, inc.

$1,134,690

Merchant one, inc. was initially approved for PPP Loan of amount $1,134,690, the current approved amount is $1,134,690. The loan was approved on 04/15/2020 by The OptimumBank reported 118 jobs and $1,134,690 was used to fund payroll.

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

MERCHANT ONE, INC.

Date Approved

04/15/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

MERCHANT ONE, INC.

Borrower Address

524 Arthur Godfrey Rd., Suite 300

Borrower City

Miami Beach

Borrower State

FL

Borrower Zip

33140

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1134690.00

Current Approval Amount

1134690.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203277

Servicing Lender Name

OptimumBank

Servicing Lender Address

2929 E Commercial Blvd, Ste 101

Servicing Lender City

FORT LAUDERDALE

Servicing Lender State

FL

Servicing Lender Zip

33308-4041

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Miami Beach

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33140-0001

CD

FL-24

Jobs Reported

118

NAICS Code

522320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

56731.00

Payroll Proceed

851019.00

Mortgage Interest Proceed

0.00

Rent Proceed

226940.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

203277

Originating Lender

OptimumBank

Originating Lender City

FORT LAUDERDALE

Originating Lender State

FL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1149094.26

Forgiveness Date

07/22/2021

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