PPP Loan information for Merritt & merritt

$60,400

Merritt & merritt was initially approved for PPP Loan of amount $60,400, the current approved amount is $60,400. The loan was approved on 04/13/2020 by The Mascoma Bank reported 5 jobs and $60,400 was used to fund payroll.

Merritt & merritt is Existing or more than 2 years old

MERRITT & MERRITT

Date Approved

04/13/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

MERRITT & MERRITT

Borrower Address

5839 PO BOX

Borrower City

BURLINGTON

Borrower State

VT

Borrower Zip

05402-5839

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60400.00

Current Approval Amount

60400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43126

Servicing Lender Name

Mascoma Bank

Servicing Lender Address

67 N Park St

Servicing Lender City

LEBANON

Servicing Lender State

NH

Servicing Lender Zip

03766-1317

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BURLINGTON

Project County Name

CHITTENDEN

Project State

VT

Project Zip

05402-5839

CD

VT-

Jobs Reported

5

NAICS Code

541110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

60400.00

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

43126

Originating Lender

Mascoma Bank

Originating Lender City

LEBANON

Originating Lender State

NH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

61252.22

Forgiveness Date

09/20/2021

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