PPP Loan information for Merchen & reed gravel co. inc.

$226,765

Merchen & reed gravel co. inc. was initially approved for PPP Loan of amount $226,765, the current approved amount is $226,765. The loan was approved on 02/20/2021 by The Banner Bank reported 18 jobs and $226,765 was used to fund payroll.

Merchen & reed gravel co. inc. is Existing or more than 2 years old

MERCHEN & REED GRAVEL CO. INC.

Date Approved

02/20/2021

SBA Office Code

1086

Processing Method

PPP

Borrower Name

MERCHEN & REED GRAVEL CO. INC.

Borrower Address

970 5th Ave

Borrower City

Powers

Borrower State

OR

Borrower Zip

97466-9757

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

226765.00

Current Approval Amount

226765.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79430

Servicing Lender Name

Banner Bank

Servicing Lender Address

10 S First Ave

Servicing Lender City

WALLA WALLA

Servicing Lender State

WA

Servicing Lender Zip

99362-1942

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Powers

Project County Name

COOS

Project State

OR

Project Zip

97466-9757

CD

OR-04

Jobs Reported

18

NAICS Code

423810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

226765.00

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

Subchapter S Corporation

Originating Lender Location Id

79430

Originating Lender

Banner Bank

Originating Lender City

WALLA WALLA

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

228044.82

Forgiveness Date

09/20/2021

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