PPP Loan information for Merit laboratories inc.

$697,205

Merit laboratories inc. was initially approved for PPP Loan of amount $697,205, the current approved amount is $697,205. The loan was approved on 01/28/2021 by The The Huntington National Bank reported 49 jobs and $697,205 was used to fund payroll.

Merit laboratories inc. is Existing or more than 2 years old

PPP Loan Search / MI / East Lansing / Merit laboratories inc.

MERIT LABORATORIES INC.

Date Approved

01/28/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MERIT LABORATORIES INC.

Borrower Address

2680 E Lansing Dr

Borrower City

East Lansing

Borrower State

MI

Borrower Zip

48823-6909

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

697205.00

Current Approval Amount

697205.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

East Lansing

Project County Name

INGHAM

Project State

MI

Project Zip

48823-6909

CD

MI-07

Jobs Reported

49

NAICS Code

541380

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

697203.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

705934.39

Forgiveness Date

05/03/2022

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