PPP Loan information for Merzco, inc.

$16,786

Merzco, inc. was initially approved for PPP Loan of amount $16,786, the current approved amount is $16,786. The loan was approved on 04/11/2020 by The Minnesota Lakes Bank reported 2 jobs and $16,786 was used to fund payroll.

Merzco, inc. is Existing or more than 2 years old

MERZCO, INC.

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MERZCO, INC.

Borrower Address

9819 FENNING AVE SE

Borrower City

DELANO

Borrower State

MN

Borrower Zip

55328-4593

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16786.00

Current Approval Amount

16786.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36775

Servicing Lender Name

Minnesota Lakes Bank

Servicing Lender Address

710 Babcock Blvd East

Servicing Lender City

DELANO

Servicing Lender State

MN

Servicing Lender Zip

55328-8602

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DELANO

Project County Name

WRIGHT

Project State

MN

Project Zip

55328-4593

CD

MN-06

Jobs Reported

2

NAICS Code

238350

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

16786.00

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

36775

Originating Lender

Minnesota Lakes Bank

Originating Lender City

DELANO

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

16945.93

Forgiveness Date

03/31/2021

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