PPP Loan information for Merit construction inc.

$1,004,153

Merit construction inc. was initially approved for PPP Loan of amount $1,004,153, the current approved amount is $1,004,153. The loan was approved on 02/06/2021 by The Home Federal Bank of Tennessee reported 61 jobs and $1,004,153 was used to fund payroll.

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

PPP Loan Search / TN / Knoxville / Merit construction inc.

MERIT CONSTRUCTION INC.

Date Approved

02/06/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

MERIT CONSTRUCTION INC.

Borrower Address

10435 Dutchtown Rd

Borrower City

Knoxville

Borrower State

TN

Borrower Zip

37932-2512

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1004152.50

Current Approval Amount

1004152.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82813

Servicing Lender Name

Home Federal Bank of Tennessee

Servicing Lender Address

515 Market St

Servicing Lender City

KNOXVILLE

Servicing Lender State

TN

Servicing Lender Zip

37902-2145

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Knoxville

Project County Name

KNOX

Project State

TN

Project Zip

37932-2512

CD

TN-02

Jobs Reported

61

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1004152.50

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

Subchapter S Corporation

Originating Lender Location Id

82813

Originating Lender

Home Federal Bank of Tennessee

Originating Lender City

KNOXVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1007611.25

Forgiveness Date

06/15/2021

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