PPP Loan information for Merit freight systems inc

$117,100

Merit freight systems inc was initially approved for PPP Loan of amount $117,100, the current approved amount is $117,100. The loan was approved on 04/14/2020 by The The Huntington National Bank reported 6 jobs and $117,100 was used to fund payroll.

Merit freight systems inc is Existing or more than 2 years old

MERIT FREIGHT SYSTEMS INC

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MERIT FREIGHT SYSTEMS INC

Borrower Address

2750 GREENLEAF AVE

Borrower City

ELK GROVE VILLAGE

Borrower State

IL

Borrower Zip

60007

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

117100.00

Current Approval Amount

117100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK GROVE VILLAGE

Project County Name

COOK

Project State

IL

Project Zip

60007-1000

CD

IL-08

Jobs Reported

6

NAICS Code

484121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

117100.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

118152.30

Forgiveness Date

03/18/2021

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