PPP Loan information for Merit sales inc

$123,275

Merit sales inc was initially approved for PPP Loan of amount $123,275, the current approved amount is $123,275. The loan was approved on 04/02/2021 by The Bank of America, National Association reported 10 jobs and $123,275 was used to fund payroll.

Merit sales inc is Existing or more than 2 years old

PPP Loan Search / GA / Monroe / Merit sales inc

MERIT SALES INC

Date Approved

04/02/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

MERIT SALES INC

Borrower Address

774 Highway 11

Borrower City

Monroe

Borrower State

GA

Borrower Zip

30655-6075

Loan Status Date

09/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

123275.00

Current Approval Amount

123275.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Monroe

Project County Name

WALTON

Project State

GA

Project Zip

30655-6075

CD

GA-10

Jobs Reported

10

NAICS Code

423710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

123272.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

124994.10

Forgiveness Date

08/25/2022

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