PPP Loan information for Merit co., inc.

$82,200

Merit co., inc. was initially approved for PPP Loan of amount $82,200, the current approved amount is $82,200. The loan was approved on 04/12/2020 by The Independent Bank reported 9 jobs and $82,200 was used to fund payroll.

Merit co., inc. is Existing or more than 2 years old

MERIT CO., INC.

Date Approved

04/12/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

MERIT CO., INC.

Borrower Address

6120 Tutt Blvd

Borrower City

Colorado Srpings

Borrower State

CO

Borrower Zip

80923-3568

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

82200.00

Current Approval Amount

82200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68987

Servicing Lender Name

Independent Bank

Servicing Lender Address

3090 Craig Dr

Servicing Lender City

MCKINNEY

Servicing Lender State

TX

Servicing Lender Zip

75070-4352

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Colorado Srpings

Project County Name

EL PASO

Project State

CO

Project Zip

80923-3568

CD

CO-05

Jobs Reported

9

NAICS Code

531210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

65800.00

Mortgage Interest Proceed

0.00

Rent Proceed

16400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

68987

Originating Lender

Independent Bank

Originating Lender City

MCKINNEY

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

82964.92

Forgiveness Date

03/25/2021

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