PPP Loan information for Meridian logistics inc.

$97,000

Meridian logistics inc. was initially approved for PPP Loan of amount $97,000, the current approved amount is $97,000. The loan was approved on 04/04/2020 by The Cache Valley Bank reported 9 jobs and $97,000 was used to fund payroll.

Meridian logistics inc. is New Business or 2 years or less

MERIDIAN LOGISTICS INC.

Date Approved

04/04/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

MERIDIAN LOGISTICS INC.

Borrower Address

1667 MOUNT LOGAN DR

Borrower City

LOGAN

Borrower State

UT

Borrower Zip

84321-6711

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97000.00

Current Approval Amount

97000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LOGAN

Project County Name

CACHE

Project State

UT

Project Zip

84321-6711

CD

UT-01

Jobs Reported

9

NAICS Code

492110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3500.00

Payroll Proceed

91500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

2000

Business Type

Corporation

Originating Lender Location Id

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

97870.31

Forgiveness Date

03/05/2021

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