PPP Loan information for Merit group, inc.

$131,780

Merit group, inc. was initially approved for PPP Loan of amount $131,780, the current approved amount is $131,780. The loan was approved on 04/15/2020 by The Stockman Bank of Montana reported 20 jobs and $131,780 was used to fund payroll.

Merit group, inc. is Existing or more than 2 years old

MERIT GROUP, INC.

Date Approved

04/15/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

MERIT GROUP, INC.

Borrower Address

90 W MADISON AVE #E193

Borrower City

BELGRADE

Borrower State

MT

Borrower Zip

59714-3955

Loan Status Date

04/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

131780.00

Current Approval Amount

131780.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41971

Servicing Lender Name

Stockman Bank of Montana

Servicing Lender Address

700 Main St

Servicing Lender City

MILES CITY

Servicing Lender State

MT

Servicing Lender Zip

59301-3122

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELGRADE

Project County Name

GALLATIN

Project State

MT

Project Zip

59714-3955

CD

MT-01

Jobs Reported

20

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2500.00

Payroll Proceed

119280.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

41971

Originating Lender

Stockman Bank of Montana

Originating Lender City

MILES CITY

Originating Lender State

MT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

132877.56

Forgiveness Date

02/19/2021

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