PPP Loan information for Merritt group, inc

$693,400

Merritt group, inc was initially approved for PPP Loan of amount $693,400, the current approved amount is $693,400. The loan was approved on 04/28/2020 by The United Bank reported 35 jobs and $693,400 was used to fund payroll.

Merritt group, inc is Existing or more than 2 years old

MERRITT GROUP, INC

Date Approved

04/28/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

MERRITT GROUP, INC

Borrower Address

8251 GREENSBORO DR STE 600

Borrower City

MC LEAN

Borrower State

VA

Borrower Zip

22102-4938

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

693400.00

Current Approval Amount

693400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MC LEAN

Project County Name

FAIRFAX

Project State

VA

Project Zip

22102-4938

CD

VA-11

Jobs Reported

35

NAICS Code

541820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

693400.00

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

Subchapter S Corporation

Originating Lender Location Id

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

700969.62

Forgiveness Date

06/11/2021

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