PPP Loan information for Merit laboratories, inc.

$475,900

Merit laboratories, inc. was initially approved for PPP Loan of amount $475,900, the current approved amount is $475,900. The loan was approved on 04/09/2020 by The The Huntington National Bank reported 49 jobs and $475,900 was used to fund payroll.

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

MERIT LABORATORIES, INC.

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MERIT LABORATORIES, INC.

Borrower Address

2680 East Lansing Drive

Borrower City

EAST LANSING

Borrower State

MI

Borrower Zip

48823-6909

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

475900.00

Current Approval Amount

475900.00

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

0.00

Payroll Proceed

475900.00

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

480333.04

Forgiveness Date

04/05/2021

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