PPP Loan information for Merit coffee llc

$754,100

Merit coffee llc was initially approved for PPP Loan of amount $754,100, the current approved amount is $754,100. The loan was approved on 04/04/2020 by The Frost Bank reported 98 jobs and $754,100 was used to fund payroll.

Merit coffee llc is New Business or 2 years or less

MERIT COFFEE LLC

Date Approved

04/04/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

MERIT COFFEE LLC

Borrower Address

70 NE LOOP 410 SUITE 725

Borrower City

SAN ANTONIO

Borrower State

TX

Borrower Zip

78216-5801

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

754100.00

Current Approval Amount

754100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71783

Servicing Lender Name

Frost Bank

Servicing Lender Address

111 W Houston St

Servicing Lender City

SAN ANTONIO

Servicing Lender State

TX

Servicing Lender Zip

78205-1414

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SAN ANTONIO

Project County Name

BEXAR

Project State

TX

Project Zip

78216-5801

CD

TX-21

Jobs Reported

98

NAICS Code

311920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

754100.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

71783

Originating Lender

Frost Bank

Originating Lender City

SAN ANTONIO

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

759141.11

Forgiveness Date

12/15/2020

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