PPP Loan information for The merion corporation

$704,498

The merion corporation was initially approved for PPP Loan of amount $704,498, the current approved amount is $704,498. The loan was approved on 02/18/2021 by The Truist Bank reported 223 jobs and $704,498 was used to fund payroll.

The merion corporation is Existing or more than 2 years old

PPP Loan Search / NJ / Cinnaminson / The merion corporation

THE MERION CORPORATION

Date Approved

02/18/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

THE MERION CORPORATION

Borrower Address

1901 Route 130 S

Borrower City

Cinnaminson

Borrower State

NJ

Borrower Zip

08077-3028

Loan Status Date

07/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

704498.45

Current Approval Amount

704498.45

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cinnaminson

Project County Name

BURLINGTON

Project State

NJ

Project Zip

08077-3028

CD

NJ-03

Jobs Reported

223

NAICS Code

722320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

704493.45

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

713500.37

Forgiveness Date

06/01/2022

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