PPP Loan information for Merit solutions, inc.

$512,900

Merit solutions, inc. was initially approved for PPP Loan of amount $512,900, the current approved amount is $512,900. The loan was approved on 04/30/2020 by The American Commercial Bank & Trust, National Association reported 20 jobs and $512,900 was used to fund payroll.

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

PPP Loan Search / IL / WHEATON / Merit solutions, inc.

MERIT SOLUTIONS, INC.

Date Approved

04/30/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MERIT SOLUTIONS, INC.

Borrower Address

1749 SOUTH NAPERVILLE RD SUITE 200

Borrower City

WHEATON

Borrower State

IL

Borrower Zip

60189-5892

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

512900.00

Current Approval Amount

512900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22237

Servicing Lender Name

American Commercial Bank & Trust, National Association

Servicing Lender Address

701 LaSalle St

Servicing Lender City

OTTAWA

Servicing Lender State

IL

Servicing Lender Zip

61350-5011

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WHEATON

Project County Name

DUPAGE

Project State

IL

Project Zip

60189-5892

CD

IL-06

Jobs Reported

20

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

512900.00

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

Subchapter S Corporation

Originating Lender Location Id

22237

Originating Lender

American Commercial Bank & Trust, National Association

Originating Lender City

OTTAWA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

518826.84

Forgiveness Date

06/28/2021

;