PPP Loan information for Merit steel processing llc

$39,100

Merit steel processing llc was initially approved for PPP Loan of amount $39,100, the current approved amount is $39,100. The loan was approved on 02/20/2021 by The First Security Bank reported 10 jobs and $39,100 was used to fund payroll.

Merit steel processing llc is Existing or more than 2 years old

MERIT STEEL PROCESSING LLC

Date Approved

02/20/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

MERIT STEEL PROCESSING LLC

Borrower Address

2515 Midland Blvd

Borrower City

Fort Smith

Borrower State

AR

Borrower Zip

72904-4204

Loan Status Date

07/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

39100.00

Current Approval Amount

39100.00

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

Existing or more than 2 years old

Project City

Fort Smith

Project County Name

SEBASTIAN

Project State

AR

Project Zip

72904-4204

CD

AR-03

Jobs Reported

10

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

39098.00

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

39640.88

Forgiveness Date

07/06/2022

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