PPP Loan information for Merit insurance services, inc.

$197,600

Merit insurance services, inc. was initially approved for PPP Loan of amount $197,600, the current approved amount is $197,600. The loan was approved on 04/08/2020 by The Liberty Bank reported 14 jobs and $197,600 was used to fund payroll.

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

MERIT INSURANCE SERVICES, INC.

Date Approved

04/08/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

MERIT INSURANCE SERVICES, INC.

Borrower Address

639 PROSPECT AVE

Borrower City

WEST HARTFORD

Borrower State

CT

Borrower Zip

06105-4276

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

197600.00

Current Approval Amount

197600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16282

Servicing Lender Name

Liberty Bank

Servicing Lender Address

315 Main St

Servicing Lender City

MIDDLETOWN

Servicing Lender State

CT

Servicing Lender Zip

06457-3345

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST HARTFORD

Project County Name

HARTFORD

Project State

CT

Project Zip

06105-4276

CD

CT-01

Jobs Reported

14

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

197600.00

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

16282

Originating Lender

Liberty Bank

Originating Lender City

MIDDLETOWN

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

199702.24

Forgiveness Date

05/18/2021

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