PPP Loan information for Merchants grocery company, inc.

$1,289,295

Merchants grocery company, inc. was initially approved for PPP Loan of amount $1,289,295, the current approved amount is $1,289,295. The loan was approved on 04/29/2020 by The Oak View National Bank reported 153 jobs and $1,289,295 was used to fund payroll.

Merchants grocery company, inc. is Existing or more than 2 years old

PPP Loan Search / VA / Culpeper / Merchants grocery company, inc.

MERCHANTS GROCERY COMPANY, INC.

Date Approved

04/29/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MERCHANTS GROCERY COMPANY, INC.

Borrower Address

800 Maddox Drive Culpeper

Borrower City

Culpeper

Borrower State

VA

Borrower Zip

22701

Loan Status Date

04/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1289295.00

Current Approval Amount

1289295.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

465419

Servicing Lender Name

Oak View National Bank

Servicing Lender Address

128 Broadview Ave

Servicing Lender City

WARRENTON

Servicing Lender State

VA

Servicing Lender Zip

20186-2301

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Culpeper

Project County Name

CULPEPER

Project State

VA

Project Zip

22701-0001

CD

VA-07

Jobs Reported

153

NAICS Code

424410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

51571.80

Payroll Proceed

1237723.20

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

465419

Originating Lender

Oak View National Bank

Originating Lender City

WARRENTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1301006.10

Forgiveness Date

03/31/2021

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