PPP Loan information for Merlo construction co inc

$1,622,420

Merlo construction co inc was initially approved for PPP Loan of amount $1,622,420, the current approved amount is $1,622,420. The loan was approved on 04/20/2021 by The PNC Bank, National Association reported 102 jobs and $1,622,420 was used to fund payroll.

Merlo construction co inc is Existing or more than 2 years old

PPP Loan Search / MI / Milford / Merlo construction co inc

MERLO CONSTRUCTION CO INC

Date Approved

04/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MERLO CONSTRUCTION CO INC

Borrower Address

4964 Technical Dr 4964 Technical Dr

Borrower City

Milford

Borrower State

MI

Borrower Zip

48381-3950

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1622420.00

Current Approval Amount

1622420.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Milford

Project County Name

OAKLAND

Project State

MI

Project Zip

48381-3950

CD

MI-07

Jobs Reported

102

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1622417.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1634272.68

Forgiveness Date

01/11/2022

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