PPP Loan information for Jr merritt controls inc.

$701,800

Jr merritt controls inc. was initially approved for PPP Loan of amount $701,800, the current approved amount is $701,800. The loan was approved on 04/08/2020 by The First County Bank reported 48 jobs and $701,800 was used to fund payroll.

Jr merritt controls inc. is Existing or more than 2 years old

JR MERRITT CONTROLS INC.

Date Approved

04/08/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

JR MERRITT CONTROLS INC.

Borrower Address

SPERRY AVE

Borrower City

STRATFORD

Borrower State

CT

Borrower Zip

06615-7316

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

701800.00

Current Approval Amount

701800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16490

Servicing Lender Name

First County Bank

Servicing Lender Address

117 Prospect St

Servicing Lender City

STAMFORD

Servicing Lender State

CT

Servicing Lender Zip

06901-1201

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

STRATFORD

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06615-7316

CD

CT-03

Jobs Reported

48

NAICS Code

333992

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

701800.00

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

Corporation

Originating Lender Location Id

16490

Originating Lender

First County Bank

Originating Lender City

STAMFORD

Originating Lender State

CT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

705491.66

Forgiveness Date

11/03/2020

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