PPP Loan information for Merchants forwarding company

$81,100

Merchants forwarding company was initially approved for PPP Loan of amount $81,100, the current approved amount is $81,100. The loan was approved on 04/29/2020 by The Comerica Bank reported 4 jobs and $81,100 was used to fund payroll.

Merchants forwarding company is Existing or more than 2 years old

MERCHANTS FORWARDING COMPANY

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MERCHANTS FORWARDING COMPANY

Borrower Address

18765 Seaway Dr

Borrower City

Melvindale

Borrower State

MI

Borrower Zip

48122-1954

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81100.00

Current Approval Amount

81100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Melvindale

Project County Name

WAYNE

Project State

MI

Project Zip

48122-1954

CD

MI-13

Jobs Reported

4

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

64930.00

Mortgage Interest Proceed

16170.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

81958.31

Forgiveness Date

05/28/2021

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