PPP Loan information for Merit mechanical co., inc.

$389,800

Merit mechanical co., inc. was initially approved for PPP Loan of amount $389,800, the current approved amount is $389,800. The loan was approved on 04/07/2020 by The Wilmington Savings Fund Society, FSB reported 21 jobs and $389,800 was used to fund payroll.

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

PPP Loan Search / DE / NEWARK / Merit mechanical co., inc.

MERIT MECHANICAL CO., INC.

Date Approved

04/07/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

MERIT MECHANICAL CO., INC.

Borrower Address

39 ALBE DR

Borrower City

NEWARK

Borrower State

DE

Borrower Zip

19702-1321

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

389800.00

Current Approval Amount

389800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16710

Servicing Lender Name

Wilmington Savings Fund Society, FSB

Servicing Lender Address

500 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1490

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWARK

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19702-1321

CD

DE-

Jobs Reported

21

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

389800.00

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

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

391903.85

Forgiveness Date

11/05/2020

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