PPP Loan information for Merrill lodging inc

$59,258

Merrill lodging inc was initially approved for PPP Loan of amount $59,258, the current approved amount is $59,258. The loan was approved on 01/19/2021 by The Grinnell State Bank reported 12 jobs and $59,258 was used to fund payroll.

Merrill lodging inc is Existing or more than 2 years old

MERRILL LODGING INC

Date Approved

01/19/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

MERRILL LODGING INC

Borrower Address

8311 Ohio

Borrower City

Merrillville

Borrower State

IN

Borrower Zip

46410-6586

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

59258.00

Current Approval Amount

59258.00

Undisbursed Amount

0.00

Franchise Name

Country Inn & Suites by Radisson

Servicing Lender Location Id

25054

Servicing Lender Name

Grinnell State Bank

Servicing Lender Address

814 4th Ave

Servicing Lender City

GRINNELL

Servicing Lender State

IA

Servicing Lender Zip

50112-2041

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Merrillville

Project County Name

LAKE

Project State

IN

Project Zip

46410-6586

CD

IN-01

Jobs Reported

12

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

59256.00

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

25054

Originating Lender

Grinnell State Bank

Originating Lender City

GRINNELL

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

59641.53

Forgiveness Date

09/20/2021

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