PPP Loan information for Merlo automotive group, inc

$1,740,500

Merlo automotive group, inc was initially approved for PPP Loan of amount $1,740,500, the current approved amount is $1,740,500. The loan was approved on 04/07/2020 by The Midwest BankCentre reported 98 jobs and $1,740,500 was used to fund payroll.

Merlo automotive group, inc is Existing or more than 2 years old

PPP Loan Search / MO / SAINT LOUIS / Merlo automotive group, inc

MERLO AUTOMOTIVE GROUP, INC

Date Approved

04/07/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

MERLO AUTOMOTIVE GROUP, INC

Borrower Address

10070 MANCHESTER RD

Borrower City

SAINT LOUIS

Borrower State

MO

Borrower Zip

63122-1827

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1740500.00

Current Approval Amount

1740500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41309

Servicing Lender Name

Midwest BankCentre

Servicing Lender Address

2191 Lemay Ferry Rd

Servicing Lender City

SAINT LOUIS

Servicing Lender State

MO

Servicing Lender Zip

63125-2435

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT LOUIS

Project County Name

SAINT LOUIS

Project State

MO

Project Zip

63122-1827

CD

MO-02

Jobs Reported

98

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1740500.00

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

41309

Originating Lender

Midwest BankCentre

Originating Lender City

SAINT LOUIS

Originating Lender State

MO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1751813.25

Forgiveness Date

12/08/2020

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