PPP Loan information for Merchants true value hardware

$26,242

Merchants true value hardware was initially approved for PPP Loan of amount $26,242, the current approved amount is $26,242. The loan was approved on 04/27/2020 by The Southern Michigan Bank & Trust reported 8 jobs and $26,242 was used to fund payroll.

Merchants true value hardware is Existing or more than 2 years old

MERCHANTS TRUE VALUE HARDWARE

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MERCHANTS TRUE VALUE HARDWARE

Borrower Address

205 N BROADWAY ST

Borrower City

UNION CITY

Borrower State

MI

Borrower Zip

49094-1153

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

26242.00

Current Approval Amount

26242.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33720

Servicing Lender Name

Southern Michigan Bank & Trust

Servicing Lender Address

51 W Pearl St

Servicing Lender City

COLDWATER

Servicing Lender State

MI

Servicing Lender Zip

49036-1933

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

UNION CITY

Project County Name

BRANCH

Project State

MI

Project Zip

49094-1153

CD

MI-05

Jobs Reported

8

NAICS Code

444130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

26242.00

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

33720

Originating Lender

Southern Michigan Bank & Trust

Originating Lender City

COLDWATER

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

26392.26

Forgiveness Date

12/02/2020

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