PPP Loan information for Merit electric co., inc

$1,013,000

Merit electric co., inc was initially approved for PPP Loan of amount $1,013,000, the current approved amount is $1,013,000. The loan was approved on 04/27/2020 by The Seacoast National Bank reported 90 jobs and $1,013,000 was used to fund payroll.

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

PPP Loan Search / FL / LARGO / Merit electric co., inc

MERIT ELECTRIC CO., INC

Date Approved

04/27/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

MERIT ELECTRIC CO., INC

Borrower Address

6520 125th avenue n

Borrower City

LARGO

Borrower State

FL

Borrower Zip

33773

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1013000.00

Current Approval Amount

1013000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

17616

Servicing Lender Name

Seacoast National Bank

Servicing Lender Address

815 Colorado Ave

Servicing Lender City

STUART

Servicing Lender State

FL

Servicing Lender Zip

34994-3053

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LARGO

Project County Name

PINELLAS

Project State

FL

Project Zip

33773-0001

CD

FL-13

Jobs Reported

90

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1013000.00

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

17616

Originating Lender

Seacoast National Bank

Originating Lender City

STUART

Originating Lender State

FL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1021159.51

Forgiveness Date

02/24/2021

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