PPP Loan information for Merit mechanical co. inc.

$417,862

Merit mechanical co. inc. was initially approved for PPP Loan of amount $417,862, the current approved amount is $417,862. The loan was approved on 02/13/2021 by The Loan Source Incorporated reported 18 jobs and $417,862 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

02/13/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

MERIT MECHANICAL CO. INC.

Borrower Address

39 Albe Dr

Borrower City

Newark

Borrower State

DE

Borrower Zip

19702-1321

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

417862.00

Current Approval Amount

417862.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

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

18

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

417862.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

422109.31

Forgiveness Date

02/25/2022

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