PPP Loan information for Merchants affordable housing corp

$90,800

Merchants affordable housing corp was initially approved for PPP Loan of amount $90,800, the current approved amount is $90,800. The loan was approved on 04/05/2020 by The Merchants Bank of Indiana reported 8 jobs and $90,800 was used to fund payroll.

Merchants affordable housing corp is Existing or more than 2 years old

MERCHANTS AFFORDABLE HOUSING CORP

Date Approved

04/05/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MERCHANTS AFFORDABLE HOUSING CORP

Borrower Address

410 MONON BLVD Suite 350

Borrower City

CARMEL

Borrower State

IN

Borrower Zip

46032-2345

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

90800.00

Current Approval Amount

90800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24315

Servicing Lender Name

Merchants Bank of Indiana

Servicing Lender Address

410 Monon Blvd

Servicing Lender City

CARMEL

Servicing Lender State

IN

Servicing Lender Zip

46032-6945

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARMEL

Project County Name

HAMILTON

Project State

IN

Project Zip

46032-2345

CD

IN-05

Jobs Reported

8

NAICS Code

522292

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

90800.00

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

Non-Profit Organization

Originating Lender Location Id

24315

Originating Lender

Merchants Bank of Indiana

Originating Lender City

CARMEL

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

91644.94

Forgiveness Date

03/18/2021

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