PPP Loan information for Merglo inc

$72,405

Merglo inc was initially approved for PPP Loan of amount $72,405, the current approved amount is $72,405. The loan was approved on 02/20/2021 by The PNC Bank, National Association reported 6 jobs and $72,405 was used to fund payroll.

Merglo inc is Existing or more than 2 years old

MERGLO INC

Date Approved

02/20/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

MERGLO INC

Borrower Address

29605 Lorain Rd 29605 Lorain Rd

Borrower City

North Olmsted

Borrower State

OH

Borrower Zip

44070-3913

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

72405.00

Current Approval Amount

72405.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Olmsted

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44070-3913

CD

OH-07

Jobs Reported

6

NAICS Code

512110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

72401.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

72903.79

Forgiveness Date

10/29/2021

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