PPP Loan information for Merkt automotive, inc.

$41,400

Merkt automotive, inc. was initially approved for PPP Loan of amount $41,400, the current approved amount is $41,400. The loan was approved on 04/08/2020 by The Ixonia Bank reported 6 jobs and $41,400 was used to fund payroll.

Merkt automotive, inc. is Existing or more than 2 years old

MERKT AUTOMOTIVE, INC.

Date Approved

04/08/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

MERKT AUTOMOTIVE, INC.

Borrower Address

35420 WISCONSIN AVE

Borrower City

OCONOMOWOC

Borrower State

WI

Borrower Zip

53066-3343

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41400.00

Current Approval Amount

41400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76017

Servicing Lender Name

Ixonia Bank

Servicing Lender Address

W1046 Marietta Ave

Servicing Lender City

IXONIA

Servicing Lender State

WI

Servicing Lender Zip

53036-9494

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OCONOMOWOC

Project County Name

WAUKESHA

Project State

WI

Project Zip

53066-3343

CD

WI-05

Jobs Reported

6

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41400.00

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

Corporation

Originating Lender Location Id

76017

Originating Lender

Ixonia Bank

Originating Lender City

IXONIA

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41854.25

Forgiveness Date

05/24/2021

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