PPP Loan information for Merchant valley corporation

$816,200

Merchant valley corporation was initially approved for PPP Loan of amount $507,902, the current approved amount is $816,200. The loan was approved on 04/27/2020 by The Wallis Bank reported 84 jobs and $816,200 was used to fund payroll.

Merchant valley corporation is Existing or more than 2 years old

PPP Loan Search / CA / Roseville / Merchant valley corporation

MERCHANT VALLEY CORPORATION

Date Approved

04/27/2020

SBA Office Code

0931

Processing Method

PPP

Borrower Name

MERCHANT VALLEY CORPORATION

Borrower Address

1808 Avondale Drive

Borrower City

Roseville

Borrower State

CA

Borrower Zip

95747-8390

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

507902.00

Current Approval Amount

816200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72083

Servicing Lender Name

Wallis Bank

Servicing Lender Address

6510 Railroad St

Servicing Lender City

WALLIS

Servicing Lender State

TX

Servicing Lender Zip

77485-9186

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Roseville

Project County Name

PLACER

Project State

CA

Project Zip

95747-8390

CD

CA-03

Jobs Reported

84

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

81620.00

Payroll Proceed

734580.00

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

72083

Originating Lender

Wallis Bank

Originating Lender City

WALLIS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

824611.39

Forgiveness Date

05/20/2021

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