PPP Loan information for Merola motors inc

$26,498

Merola motors inc was initially approved for PPP Loan of amount $26,498, the current approved amount is $26,498. The loan was approved on 02/02/2021 by The Bank of America, National Association reported 4 jobs and $26,498 was used to fund payroll.

Merola motors inc is Existing or more than 2 years old

PPP Loan Search / CT / North Haven / Merola motors inc

MEROLA MOTORS INC

Date Approved

02/02/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

MEROLA MOTORS INC

Borrower Address

93 State St

Borrower City

North Haven

Borrower State

CT

Borrower Zip

06473-2206

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

26498.00

Current Approval Amount

26498.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Haven

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06473-2206

CD

CT-03

Jobs Reported

4

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

26497.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

26698.37

Forgiveness Date

11/10/2021

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