PPP Loan information for Merit diamond corporation

$417,100

Merit diamond corporation was initially approved for PPP Loan of amount $417,100, the current approved amount is $417,100. The loan was approved on 04/09/2020 by The Amerant Bank, National Association reported 24 jobs and $417,100 was used to fund payroll.

Merit diamond corporation is Existing or more than 2 years old

MERIT DIAMOND CORPORATION

Date Approved

04/09/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

MERIT DIAMOND CORPORATION

Borrower Address

1900 Tyler Street 3rd Floor

Borrower City

HOLLYWOOD

Borrower State

FL

Borrower Zip

33020-4517

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

417100.00

Current Approval Amount

417100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

17356

Servicing Lender Name

Amerant Bank, National Association

Servicing Lender Address

220 Alhambra Circle

Servicing Lender City

CORAL GABLES

Servicing Lender State

FL

Servicing Lender Zip

33134-5174

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOLLYWOOD

Project County Name

BROWARD

Project State

FL

Project Zip

33020-4517

CD

FL-25

Jobs Reported

24

NAICS Code

423490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

417100.00

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

17356

Originating Lender

Amerant Bank, National Association

Originating Lender City

CORAL GABLES

Originating Lender State

FL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

420656.94

Forgiveness Date

02/17/2021

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