PPP Loan information for Merpol corporation

$186,977

Merpol corporation was initially approved for PPP Loan of amount $186,977, the current approved amount is $186,977. The loan was approved on 02/16/2021 by The Loan Source Incorporated reported 23 jobs and $186,977 was used to fund payroll.

Merpol corporation is Existing or more than 2 years old

PPP Loan Search / NJ / Elizabeth / Merpol corporation

MERPOL CORPORATION

Date Approved

02/16/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MERPOL CORPORATION

Borrower Address

51-57 S Spring St

Borrower City

Elizabeth

Borrower State

NJ

Borrower Zip

07201-6602

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

186977.00

Current Approval Amount

186977.00

Undisbursed Amount

0.00

Franchise Name

Dunkin' Donuts

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Elizabeth

Project County Name

UNION

Project State

NJ

Project Zip

07201-6602

CD

NJ-08

Jobs Reported

23

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

186972.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

189031.19

Forgiveness Date

03/31/2022

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