PPP Loan information for Merchants fastener corp

$244,967

Merchants fastener corp was initially approved for PPP Loan of amount $244,967, the current approved amount is $244,967. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 11 jobs and $244,967 was used to fund payroll.

Merchants fastener corp is New Business or 2 years or less

PPP Loan Search / NY / WHITE PLAINS / Merchants fastener corp

MERCHANTS FASTENER CORP

Date Approved

05/01/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

MERCHANTS FASTENER CORP

Borrower Address

10 BANK ST STE 820

Borrower City

WHITE PLAINS

Borrower State

NY

Borrower Zip

10606-1947

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

244967.00

Current Approval Amount

244967.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WHITE PLAINS

Project County Name

WESTCHESTER

Project State

NY

Project Zip

10606-1947

CD

NY-16

Jobs Reported

11

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

244967.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

247074.39

Forgiveness Date

03/19/2021

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