PPP Loan information for Merkel brothers inc

$290,345

Merkel brothers inc was initially approved for PPP Loan of amount $290,345, the current approved amount is $290,345. The loan was approved on 04/09/2020 by The Chelsea State Bank reported 28 jobs and $290,345 was used to fund payroll.

Merkel brothers inc is Existing or more than 2 years old

PPP Loan Search / MI / CHELSEA / Merkel brothers inc

MERKEL BROTHERS INC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MERKEL BROTHERS INC

Borrower Address

205 S MAIN ST

Borrower City

CHELSEA

Borrower State

MI

Borrower Zip

48118-1516

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

290345.00

Current Approval Amount

290345.00

Undisbursed Amount

0.00

Franchise Name

ProSource

Servicing Lender Location Id

33691

Servicing Lender Name

Chelsea State Bank

Servicing Lender Address

1010 S Main St

Servicing Lender City

CHELSEA

Servicing Lender State

MI

Servicing Lender Zip

48118-1435

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHELSEA

Project County Name

WASHTENAW

Project State

MI

Project Zip

48118-1516

CD

MI-06

Jobs Reported

28

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

72586.25

Payroll Proceed

217758.75

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

33691

Originating Lender

Chelsea State Bank

Originating Lender City

CHELSEA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

292620.03

Forgiveness Date

01/26/2021

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