PPP Loan information for Merit pump & equipment co.

$92,700

Merit pump & equipment co. was initially approved for PPP Loan of amount $92,700, the current approved amount is $92,700. The loan was approved on 08/05/2020 by The The Commercial and Savings Bank of Millersburg, Ohio reported 5 jobs and $92,700 was used to fund payroll.

Merit pump & equipment co. is Existing or more than 2 years old

PPP Loan Search / OH / WOOSTER / Merit pump & equipment co.

MERIT PUMP & EQUIPMENT CO.

Date Approved

08/05/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

MERIT PUMP & EQUIPMENT CO.

Borrower Address

975 OLD LINCOLN WAY

Borrower City

WOOSTER

Borrower State

OH

Borrower Zip

44691-3315

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

92700.00

Current Approval Amount

92700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57845

Servicing Lender Name

The Commercial and Savings Bank of Millersburg, Ohio

Servicing Lender Address

91 N Clay St

Servicing Lender City

MILLERSBURG

Servicing Lender State

OH

Servicing Lender Zip

44654-1117

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WOOSTER

Project County Name

WAYNE

Project State

OH

Project Zip

44691-3315

CD

OH-07

Jobs Reported

5

NAICS Code

213112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

92700.00

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

57845

Originating Lender

The Commercial and Savings Bank of Millersburg, Ohio

Originating Lender City

MILLERSBURG

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

93199.55

Forgiveness Date

02/17/2021

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