PPP Loan information for Merritt machine, inc.

$52,000

Merritt machine, inc. was initially approved for PPP Loan of amount $52,000, the current approved amount is $52,000. The loan was approved on 04/14/2020 by The First-Citizens Bank & Trust Company reported 6 jobs and $52,000 was used to fund payroll.

Merritt machine, inc. is New Business or 2 years or less

PPP Loan Search / NC / MOUNT AIRY / Merritt machine, inc.

MERRITT MACHINE, INC.

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MERRITT MACHINE, INC.

Borrower Address

324 Snowhill Drive

Borrower City

MOUNT AIRY

Borrower State

NC

Borrower Zip

27030

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52000.00

Current Approval Amount

52000.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MOUNT AIRY

Project County Name

SURRY

Project State

NC

Project Zip

27030-0001

CD

NC-05

Jobs Reported

6

NAICS Code

332710

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

52000.00

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

Sole Proprietorship

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

52521.42

Forgiveness Date

04/22/2021

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