PPP Loan information for Merchants acceptance corp.

$393,900

Merchants acceptance corp. was initially approved for PPP Loan of amount $393,900, the current approved amount is $393,900. The loan was approved on 04/07/2020 by The Umpqua Bank reported 43 jobs and $393,900 was used to fund payroll.

Merchants acceptance corp. is Existing or more than 2 years old

MERCHANTS ACCEPTANCE CORP.

Date Approved

04/07/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

MERCHANTS ACCEPTANCE CORP.

Borrower Address

1314 Aubrun way

Borrower City

AUBURN

Borrower State

WA

Borrower Zip

98002

Loan Status Date

Loan Status

Exemption 4

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

393900.00

Current Approval Amount

393900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AUBURN

Project County Name

KING

Project State

WA

Project Zip

98002-0003

CD

WA-08

Jobs Reported

43

NAICS Code

522291

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

393900.00

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

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;