PPP Loan information for 1st merchant services, ,llc

$98,858

1st merchant services, ,llc was initially approved for PPP Loan of amount $98,858, the current approved amount is $98,858. The loan was approved on 04/13/2020 by The BMO Harris Bank National Association reported 14 jobs and $98,858 was used to fund payroll.

1st merchant services, ,llc is Existing or more than 2 years old

PPP Loan Search / IL / ELGIN / 1st merchant services, ,llc

1ST MERCHANT SERVICES, ,LLC

Date Approved

04/13/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

1ST MERCHANT SERVICES, ,LLC

Borrower Address

40 AIRLITE ST

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60123

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98857.50

Current Approval Amount

98857.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ELGIN

Project County Name

KANE

Project State

IL

Project Zip

60123-0300

CD

IL-08

Jobs Reported

14

NAICS Code

522320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

98857.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

99821.70

Forgiveness Date

04/15/2021

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