PPP Loan information for Merit construction services, inc.

$256,900

Merit construction services, inc. was initially approved for PPP Loan of amount $256,900, the current approved amount is $256,900. The loan was approved on 04/05/2020 by The Lakeview Bank reported 14 jobs and $256,900 was used to fund payroll.

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

PPP Loan Search / MN / FARMINGTON / Merit construction services, inc.

MERIT CONSTRUCTION SERVICES, INC.

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MERIT CONSTRUCTION SERVICES, INC.

Borrower Address

5441 212th Street West

Borrower City

FARMINGTON

Borrower State

MN

Borrower Zip

55024-8907

Loan Status Date

06/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

256900.00

Current Approval Amount

256900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378576

Servicing Lender Name

Lakeview Bank

Servicing Lender Address

9725 163rd St West

Servicing Lender City

LAKEVILLE

Servicing Lender State

MN

Servicing Lender Zip

55044-4719

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARMINGTON

Project County Name

DAKOTA

Project State

MN

Project Zip

55024-8907

CD

MN-02

Jobs Reported

14

NAICS Code

238110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

256900.00

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

Subchapter S Corporation

Originating Lender Location Id

378576

Originating Lender

Lakeview Bank

Originating Lender City

LAKEVILLE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

258441.40

Forgiveness Date

11/19/2020

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