PPP Loan information for Merri-mac/timberlake llc

$662,300

Merri-mac/timberlake llc was initially approved for PPP Loan of amount $662,300, the current approved amount is $662,300. The loan was approved on 02/05/2021 by The First-Citizens Bank & Trust Company reported 222 jobs and $662,300 was used to fund payroll.

Merri-mac/timberlake llc is Existing or more than 2 years old

PPP Loan Search / NC / Black Mountain / Merri-mac/timberlake llc

MERRI-MAC/TIMBERLAKE LLC

Date Approved

02/05/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MERRI-MAC/TIMBERLAKE LLC

Borrower Address

1123 Montreat Rd

Borrower City

Black Mountain

Borrower State

NC

Borrower Zip

28711-3231

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

662300.00

Current Approval Amount

662300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Black Mountain

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28711-3231

CD

NC-11

Jobs Reported

222

NAICS Code

721214

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

662296.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

666636.70

Forgiveness Date

10/06/2021

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