PPP Loan information for Merkel brothers incorporated

$243,204

Merkel brothers incorporated was initially approved for PPP Loan of amount $243,204, the current approved amount is $243,204. The loan was approved on 01/23/2021 by The Chelsea State Bank reported 28 jobs and $243,204 was used to fund payroll.

Merkel brothers incorporated is Existing or more than 2 years old

PPP Loan Search / MI / Chelsea / Merkel brothers incorporated

MERKEL BROTHERS INCORPORATED

Date Approved

01/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MERKEL BROTHERS INCORPORATED

Borrower Address

205 S Main St

Borrower City

Chelsea

Borrower State

MI

Borrower Zip

48118-1545

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

243203.65

Current Approval Amount

243203.65

Undisbursed Amount

0.00

Franchise Name

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

48118-1545

CD

MI-06

Jobs Reported

28

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

243200.65

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

244802.80

Forgiveness Date

09/27/2021

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