PPP Loan information for Merit sprinkler company, inc.

$416,672

Merit sprinkler company, inc. was initially approved for PPP Loan of amount $416,672, the current approved amount is $416,672. The loan was approved on 05/01/2020 by The Hancock Whitney Bank reported 36 jobs and $416,672 was used to fund payroll.

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

PPP Loan Search / LA / KENNER / Merit sprinkler company, inc.

MERIT SPRINKLER COMPANY, INC.

Date Approved

05/01/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

MERIT SPRINKLER COMPANY, INC.

Borrower Address

930 KENNER AVE

Borrower City

KENNER

Borrower State

LA

Borrower Zip

70062

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

416672.00

Current Approval Amount

416672.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KENNER

Project County Name

JEFFERSON

Project State

LA

Project Zip

70062-3400

CD

LA-02

Jobs Reported

36

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

416672.00

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

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

419808.61

Forgiveness Date

02/02/2021

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