PPP Loan information for Merzco inc.

$16,000

Merzco inc. was initially approved for PPP Loan of amount $16,000, the current approved amount is $16,000. The loan was approved on 04/06/2021 by The Minnesota Lakes Bank reported 2 jobs and $16,000 was used to fund payroll.

Merzco inc. is Existing or more than 2 years old

PPP Loan Search / MN / Delano / Merzco inc.

MERZCO INC.

Date Approved

04/06/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MERZCO INC.

Borrower Address

9819 Fenning Ave SE

Borrower City

Delano

Borrower State

MN

Borrower Zip

55328-4593

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

16000.00

Current Approval Amount

16000.00

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

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

16000.00

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

16123.56

Forgiveness Date

01/19/2022

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