PPP Loan information for Merit aluminum inc.

$2,000,000

Merit aluminum inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/29/2021 by The City National Bank reported 205 jobs and $2,000,000 was used to fund payroll.

Merit aluminum inc. is Existing or more than 2 years old

PPP Loan Search / CA / Corona / Merit aluminum inc.

MERIT ALUMINUM INC.

Date Approved

01/29/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

MERIT ALUMINUM INC.

Borrower Address

2480 Railroad St

Borrower City

Corona

Borrower State

CA

Borrower Zip

92878-5418

Loan Status Date

06/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Corona

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92878-5418

CD

CA-41

Jobs Reported

205

NAICS Code

331318

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2026410.96

Forgiveness Date

05/27/2022

;