PPP Loan information for Service merchants inc

$269,551

Service merchants inc was initially approved for PPP Loan of amount $269,551, the current approved amount is $269,551. The loan was approved on 01/20/2021 by The Bremer Bank, National Association reported 17 jobs and $269,551 was used to fund payroll.

Service merchants inc is Existing or more than 2 years old

PPP Loan Search / MN / Rochester / Service merchants inc

SERVICE MERCHANTS INC

Date Approved

01/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

SERVICE MERCHANTS INC

Borrower Address

918 Pendant Ln NW # 100

Borrower City

Rochester

Borrower State

MN

Borrower Zip

55901-7072

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

269551.12

Current Approval Amount

269551.12

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rochester

Project County Name

OLMSTED

Project State

MN

Project Zip

55901-7072

CD

MN-01

Jobs Reported

17

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

269549.12

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

270681.02

Forgiveness Date

06/30/2021

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