PPP Loan information for Merchant investments inc

$840,500

Merchant investments inc was initially approved for PPP Loan of amount $840,500, the current approved amount is $840,500. The loan was approved on 04/15/2020 by The Customers Bank reported 65 jobs and $840,500 was used to fund payroll.

Merchant investments inc is Existing or more than 2 years old

MERCHANT INVESTMENTS INC

Date Approved

04/15/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

MERCHANT INVESTMENTS INC

Borrower Address

7412 South 262nd Street

Borrower City

Kent

Borrower State

WA

Borrower Zip

98032

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

840500.00

Current Approval Amount

840500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

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

98032-1000

CD

WA-09

Jobs Reported

65

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

840500.00

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

834959.67

Forgiveness Date

11/19/2020

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