PPP Loan information for Merit sales inc

$107,625

Merit sales inc was initially approved for PPP Loan of amount $107,625, the current approved amount is $107,625. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 13 jobs and $107,625 was used to fund payroll.

Merit sales inc is New Business or 2 years or less

PPP Loan Search / GA / MONROE / Merit sales inc

MERIT SALES INC

Date Approved

05/01/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MERIT SALES INC

Borrower Address

774 HIGHWAY 11

Borrower City

MONROE

Borrower State

GA

Borrower Zip

30655-6075

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107625.00

Current Approval Amount

107625.00

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

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

MONROE

Project County Name

WALTON

Project State

GA

Project Zip

30655-6075

CD

GA-10

Jobs Reported

13

NAICS Code

423710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

107625.00

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

109158.29

Forgiveness Date

10/07/2021

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