PPP Loan information for Merit electric, inc.

$125,000

Merit electric, inc. was initially approved for PPP Loan of amount $125,000, the current approved amount is $125,000. The loan was approved on 04/09/2020 by The Zions Bank, A Division of reported 6 jobs and $125,000 was used to fund payroll.

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

PPP Loan Search / WA / MUKILTEO / Merit electric, inc.

MERIT ELECTRIC, INC.

Date Approved

04/09/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

MERIT ELECTRIC, INC.

Borrower Address

12201 Cyrus Way Suite 107

Borrower City

MUKILTEO

Borrower State

WA

Borrower Zip

98275-5703

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

125000.00

Current Approval Amount

125000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72601

Servicing Lender Name

Zions Bank, A Division of

Servicing Lender Address

1 S Main St

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84133-1109

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MUKILTEO

Project County Name

SNOHOMISH

Project State

WA

Project Zip

98275-5703

CD

WA-02

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

125000.00

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

72601

Originating Lender

Zions Bank, A Division of

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

126506.85

Forgiveness Date

07/02/2021

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