PPP Loan information for Merit steel processing

$48,900

Merit steel processing was initially approved for PPP Loan of amount $48,900, the current approved amount is $48,900. The loan was approved on 04/06/2020 by The First Security Bank reported 8 jobs and $48,900 was used to fund payroll.

Merit steel processing is New Business or 2 years or less

PPP Loan Search / AR / FORT SMITH / Merit steel processing

MERIT STEEL PROCESSING

Date Approved

04/06/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

MERIT STEEL PROCESSING

Borrower Address

2515 Midland Blvd

Borrower City

FORT SMITH

Borrower State

AR

Borrower Zip

72904-4204

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48900.00

Current Approval Amount

48900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4754

Servicing Lender Name

First Security Bank

Servicing Lender Address

314 N Spring St

Servicing Lender City

SEARCY

Servicing Lender State

AR

Servicing Lender Zip

72143-7703

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

FORT SMITH

Project County Name

SEBASTIAN

Project State

AR

Project Zip

72904-4204

CD

AR-03

Jobs Reported

8

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

48900.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

4754

Originating Lender

First Security Bank

Originating Lender City

SEARCY

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

49295.28

Forgiveness Date

01/27/2021

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