PPP Loan information for Merritt motor company, inc

$27,125

Merritt motor company, inc was initially approved for PPP Loan of amount $27,125, the current approved amount is $27,125. The loan was approved on 04/27/2020 by The SouthPoint Bank reported 3 jobs and $27,125 was used to fund payroll.

Merritt motor company, inc is Existing or more than 2 years old

PPP Loan Search / AL / GARDENDALE / Merritt motor company, inc

MERRITT MOTOR COMPANY, INC

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MERRITT MOTOR COMPANY, INC

Borrower Address

644 DECATUR HWY

Borrower City

GARDENDALE

Borrower State

AL

Borrower Zip

35071-2900

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27125.00

Current Approval Amount

27125.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437056

Servicing Lender Name

SouthPoint Bank

Servicing Lender Address

3501 Grandview Pkwy

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35243-1930

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GARDENDALE

Project County Name

JEFFERSON

Project State

AL

Project Zip

35071-2900

CD

AL-06

Jobs Reported

3

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

27125.00

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

437056

Originating Lender

SouthPoint Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;