PPP Loan information for Merchants adjustment service, inc.

$304,400

Merchants adjustment service, inc. was initially approved for PPP Loan of amount $304,400, the current approved amount is $304,400. The loan was approved on 04/16/2020 by The Regions Bank reported 24 jobs and $304,400 was used to fund payroll.

Merchants adjustment service, inc. is Existing or more than 2 years old

PPP Loan Search / AL / Mobile / Merchants adjustment service, inc.

MERCHANTS ADJUSTMENT SERVICE, INC.

Date Approved

04/16/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MERCHANTS ADJUSTMENT SERVICE, INC.

Borrower Address

56 North Florida Street,

Borrower City

Mobile

Borrower State

AL

Borrower Zip

36607-3108

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

304400.00

Current Approval Amount

304400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mobile

Project County Name

MOBILE

Project State

AL

Project Zip

36607-3108

CD

AL-01

Jobs Reported

24

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

304400.00

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

Subchapter S Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

307827.63

Forgiveness Date

06/10/2021

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