PPP Loan information for Merritt auctions inc.

$34,777

Merritt auctions inc. was initially approved for PPP Loan of amount $34,777, the current approved amount is $34,777. The loan was approved on 03/16/2021 by The Fifth Third Bank reported 16 jobs and $34,777 was used to fund payroll.

Merritt auctions inc. is Existing or more than 2 years old

PPP Loan Search / MI / Greenville / Merritt auctions inc.

MERRITT AUCTIONS INC.

Date Approved

03/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MERRITT AUCTIONS INC.

Borrower Address

615 N Lafayette St

Borrower City

Greenville

Borrower State

MI

Borrower Zip

48838-1123

Loan Status Date

08/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

34777.00

Current Approval Amount

34777.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Greenville

Project County Name

MONTCALM

Project State

MI

Project Zip

48838-1123

CD

MI-02

Jobs Reported

16

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

34775.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

35223.30

Forgiveness Date

07/07/2022

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