PPP Loan information for Merritt wholesale distributors inc

$99,200

Merritt wholesale distributors inc was initially approved for PPP Loan of amount $99,200, the current approved amount is $99,200. The loan was approved on 04/05/2020 by The First Security Bank reported 12 jobs and $99,200 was used to fund payroll.

Merritt wholesale distributors inc is Existing or more than 2 years old

PPP Loan Search / AR / HOT SPRINGS NATIONAL PARK / Merritt wholesale distributors inc

MERRITT WHOLESALE DISTRIBUTORS INC

Date Approved

04/05/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

MERRITT WHOLESALE DISTRIBUTORS INC

Borrower Address

626 OUACHITA AVE

Borrower City

HOT SPRINGS NATIONAL PARK

Borrower State

AR

Borrower Zip

71901-3920

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

99200.00

Current Approval Amount

99200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4754

Servicing Lender Name

First Security Bank

Servicing Lender Address

314 N Spring St

Servicing Lender City

SEARCY

Servicing Lender State

AR

Servicing Lender Zip

72143-7703

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOT SPRINGS NATIONAL PARK

Project County Name

GARLAND

Project State

AR

Project Zip

71901-3920

CD

AR-04

Jobs Reported

12

NAICS Code

424410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

99200.00

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

4754

Originating Lender

First Security Bank

Originating Lender City

SEARCY

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

100456.53

Forgiveness Date

07/14/2021

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