PPP Loan information for Merit properties, inc

$208,357

Merit properties, inc was initially approved for PPP Loan of amount $208,357, the current approved amount is $208,357. The loan was approved on 04/27/2020 by The Liberty Bank reported 18 jobs and $208,357 was used to fund payroll.

Merit properties, inc is Existing or more than 2 years old

PPP Loan Search / CT / East Berlin / Merit properties, inc

MERIT PROPERTIES, INC

Date Approved

04/27/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

MERIT PROPERTIES, INC

Borrower Address

1224 Mill Street, Ste 102, Bldg A

Borrower City

East Berlin

Borrower State

CT

Borrower Zip

06023

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

208357.00

Current Approval Amount

208357.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16282

Servicing Lender Name

Liberty Bank

Servicing Lender Address

315 Main St

Servicing Lender City

MIDDLETOWN

Servicing Lender State

CT

Servicing Lender Zip

06457-3345

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

East Berlin

Project County Name

HARTFORD

Project State

CT

Project Zip

06023-0001

CD

CT-01

Jobs Reported

18

NAICS Code

531390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

208357.00

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

16282

Originating Lender

Liberty Bank

Originating Lender City

MIDDLETOWN

Originating Lender State

CT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

210897.80

Forgiveness Date

07/22/2021

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