PPP Loan information for Merit professional services

$275,000

Merit professional services was initially approved for PPP Loan of amount $275,000, the current approved amount is $275,000. The loan was approved on 04/30/2020 by The Celtic Bank Corporation reported 27 jobs and $275,000 was used to fund payroll.

Merit professional services is Existing or more than 2 years old

PPP Loan Search / TX / Flower Mound / Merit professional services

MERIT PROFESSIONAL SERVICES

Date Approved

04/30/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

MERIT PROFESSIONAL SERVICES

Borrower Address

1001 Cross Timbers Road

Borrower City

Flower Mound

Borrower State

TX

Borrower Zip

75028

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

275000.00

Current Approval Amount

275000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Flower Mound

Project County Name

DENTON

Project State

TX

Project Zip

75028-0001

CD

TX-24

Jobs Reported

27

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

206250.00

Mortgage Interest Proceed

0.00

Rent Proceed

68750.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

278382.88

Forgiveness Date

08/04/2021

;