PPP Loan information for Merchant investments inc.

$845,840

Merchant investments inc. was initially approved for PPP Loan of amount $845,840, the current approved amount is $845,840. The loan was approved on 01/22/2021 by The Umpqua Bank reported 49 jobs and $845,840 was used to fund payroll.

Merchant investments inc. is Existing or more than 2 years old

MERCHANT INVESTMENTS INC.

Date Approved

01/22/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

MERCHANT INVESTMENTS INC.

Borrower Address

7412 S 262nd St

Borrower City

Kent

Borrower State

WA

Borrower Zip

98032-7379

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

845840.00

Current Approval Amount

845840.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kent

Project County Name

KING

Project State

WA

Project Zip

98032-7379

CD

WA-09

Jobs Reported

49

NAICS Code

322220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

845838.00

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

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

849988.09

Forgiveness Date

07/30/2021

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