PPP Loan information for Merinos furniture and carpet inc

$147,688

Merinos furniture and carpet inc was initially approved for PPP Loan of amount $147,688, the current approved amount is $147,688. The loan was approved on 04/14/2020 by The Pinnacle Bank reported 26 jobs and $147,688 was used to fund payroll.

Merinos furniture and carpet inc is New Business or 2 years or less

PPP Loan Search / NC / MOORESVILLE / Merinos furniture and carpet inc

MERINOS FURNITURE AND CARPET INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MERINOS FURNITURE AND CARPET INC

Borrower Address

500 MAIN ST

Borrower City

MOORESVILLE

Borrower State

NC

Borrower Zip

28115

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

147687.50

Current Approval Amount

147687.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MOORESVILLE

Project County Name

IREDELL

Project State

NC

Project Zip

28115-0001

CD

NC-08

Jobs Reported

26

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

147687.50

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

148775.94

Forgiveness Date

01/19/2021

;