PPP Loan information for The merion corporation

$501,342

The merion corporation was initially approved for PPP Loan of amount $501,342, the current approved amount is $501,342. The loan was approved on 04/14/2020 by The Truist Bank reported 235 jobs and $501,342 was used to fund payroll.

The merion corporation is Existing or more than 2 years old

THE MERION CORPORATION

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

THE MERION CORPORATION

Borrower Address

1901 US ROUTE 130

Borrower City

CINNAMINSON

Borrower State

NJ

Borrower Zip

08077-3028

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

501342.15

Current Approval Amount

501342.15

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

N

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

235

NAICS Code

722320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

501342.15

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

507831.75

Forgiveness Date

08/02/2021

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