PPP Loan information for Merlex & associates, inc.

$67,543

Merlex & associates, inc. was initially approved for PPP Loan of amount $745,693, the current approved amount is $67,543. The loan was approved on 04/14/2020 by The Twin City Bank reported 38 jobs and $67,543 was used to fund payroll.

Merlex & associates, inc. is Existing or more than 2 years old

PPP Loan Search / WA / LONGVIEW / Merlex & associates, inc.

MERLEX & ASSOCIATES, INC.

Date Approved

04/14/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

MERLEX & ASSOCIATES, INC.

Borrower Address

842 WASHINGTON WAY STE 150

Borrower City

LONGVIEW

Borrower State

WA

Borrower Zip

98632-4099

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

745693.05

Current Approval Amount

67542.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124393

Servicing Lender Name

Twin City Bank

Servicing Lender Address

729 Vandercook Way

Servicing Lender City

LONGVIEW

Servicing Lender State

WA

Servicing Lender Zip

98632-4016

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LONGVIEW

Project County Name

COWLITZ

Project State

WA

Project Zip

98632-4099

CD

WA-03

Jobs Reported

38

NAICS Code

531210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6754.25

Payroll Proceed

50656.88

Mortgage Interest Proceed

0.00

Rent Proceed

10131.37

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

124393

Originating Lender

Twin City Bank

Originating Lender City

LONGVIEW

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

61961.33

Forgiveness Date

12/16/2020

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