PPP Loan information for Merit electric of spokane, inc

$2,478,493

Merit electric of spokane, inc was initially approved for PPP Loan of amount $3,068,900, the current approved amount is $2,478,493. The loan was approved on 04/07/2020 by The Washington Trust Bank reported 142 jobs and $2,478,493 was used to fund payroll.

Merit electric of spokane, inc is Unanswered

PPP Loan Search / WA / SPOKANE / Merit electric of spokane, inc

MERIT ELECTRIC OF SPOKANE, INC

Date Approved

04/07/2020

SBA Office Code

1094

Processing Method

PPP

Borrower Name

MERIT ELECTRIC OF SPOKANE, INC

Borrower Address

815 N Helena

Borrower City

SPOKANE

Borrower State

WA

Borrower Zip

99202-2828

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3068900.00

Current Approval Amount

2478493.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74899

Servicing Lender Name

Washington Trust Bank

Servicing Lender Address

717 W Sprague Ave

Servicing Lender City

SPOKANE

Servicing Lender State

WA

Servicing Lender Zip

99201-3915

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

SPOKANE

Project County Name

SPOKANE

Project State

WA

Project Zip

99202-2828

CD

WA-05

Jobs Reported

142

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2478493.00

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

74899

Originating Lender

Washington Trust Bank

Originating Lender City

SPOKANE

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2507148.45

Forgiveness Date

06/11/2021

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