PPP Loan information for Merit imports inc

$60,545

Merit imports inc was initially approved for PPP Loan of amount $60,545, the current approved amount is $60,545. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 7 jobs and $60,545 was used to fund payroll.

Merit imports inc is Existing or more than 2 years old

PPP Loan Search / NJ / GLEN ROCK / Merit imports inc

MERIT IMPORTS INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MERIT IMPORTS INC

Borrower Address

594 S BROAD ST

Borrower City

GLEN ROCK

Borrower State

NJ

Borrower Zip

07452

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60545.00

Current Approval Amount

60545.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GLEN ROCK

Project County Name

BERGEN

Project State

NJ

Project Zip

07452-0001

CD

NJ-05

Jobs Reported

7

NAICS Code

424990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2109.00

Payroll Proceed

48436.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

61095.49

Forgiveness Date

04/01/2021

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