PPP Loan information for Merit education inc.

$250,492

Merit education inc. was initially approved for PPP Loan of amount $250,492, the current approved amount is $250,492. The loan was approved on 04/10/2020 by The Burke & Herbert Bank & Trust Company reported 41 jobs and $250,492 was used to fund payroll.

Merit education inc. is Existing or more than 2 years old

PPP Loan Search / VA / SPRINGFIELD / Merit education inc.

MERIT EDUCATION INC.

Date Approved

04/10/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

MERIT EDUCATION INC.

Borrower Address

MERIT EDUCATION INC. 5326 BACKLICK ROAD

Borrower City

SPRINGFIELD

Borrower State

VA

Borrower Zip

22151

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250492.00

Current Approval Amount

250492.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73056

Servicing Lender Name

Burke & Herbert Bank & Trust Company

Servicing Lender Address

100 S Fairfax St

Servicing Lender City

ALEXANDRIA

Servicing Lender State

VA

Servicing Lender Zip

22314-3340

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

FAIRFAX

Project State

VA

Project Zip

22151-0001

CD

VA-11

Jobs Reported

41

NAICS Code

923110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

250492.00

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

73056

Originating Lender

Burke & Herbert Bank & Trust Company

Originating Lender City

ALEXANDRIA

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

252419.40

Forgiveness Date

02/01/2021

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