PPP Loan information for Merit training institute

$27,852

Merit training institute was initially approved for PPP Loan of amount $27,852, the current approved amount is $27,852. The loan was approved on 04/27/2020 by The Loan Source Incorporated reported 4 jobs and $27,852 was used to fund payroll.

Merit training institute is New Business or 2 years or less

MERIT TRAINING INSTITUTE

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MERIT TRAINING INSTITUTE

Borrower Address

700 ATRIUM WAY SUITE 4

Borrower City

MOUNT LAUREL

Borrower State

NJ

Borrower Zip

08054

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27852.00

Current Approval Amount

27852.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MOUNT LAUREL

Project County Name

BURLINGTON

Project State

NJ

Project Zip

08054-0001

CD

NJ-03

Jobs Reported

4

NAICS Code

611519

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

27852.00

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

80189

Originating Lender

Columbia Bank

Originating Lender City

FAIR LAWN

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

28215.22

Forgiveness Date

08/30/2021

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