PPP Loan information for Merchants benefit administration, inc.

$252,100

Merchants benefit administration, inc. was initially approved for PPP Loan of amount $253,600, the current approved amount is $252,100. The loan was approved on 04/05/2020 by The Live Oak Banking Company reported 24 jobs and $252,100 was used to fund payroll.

Merchants benefit administration, inc. is Existing or more than 2 years old

PPP Loan Search / AZ / Scottsdale / Merchants benefit administration, inc.

MERCHANTS BENEFIT ADMINISTRATION, INC.

Date Approved

04/05/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

MERCHANTS BENEFIT ADMINISTRATION, INC.

Borrower Address

7077 E Marilyn Rd Building 1

Borrower City

Scottsdale

Borrower State

AZ

Borrower Zip

85254

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

253600.00

Current Approval Amount

252100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Scottsdale

Project County Name

MARICOPA

Project State

AZ

Project Zip

85254-0001

CD

AZ-01

Jobs Reported

24

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

252100.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

253978.66

Forgiveness Date

01/07/2021

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