PPP Loan information for Merithall inc.

$579,600

Merithall inc. was initially approved for PPP Loan of amount $579,600, the current approved amount is $579,600. The loan was approved on 01/27/2021 by The Comerica Bank reported 48 jobs and $579,600 was used to fund payroll.

Merithall inc. is Existing or more than 2 years old

PPP Loan Search / MI / Detroit / Merithall inc.

MERITHALL INC.

Date Approved

01/27/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MERITHALL INC.

Borrower Address

13053 Grand River Ave Ste 2

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48227-3503

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

579600.00

Current Approval Amount

579600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Detroit

Project County Name

WAYNE

Project State

MI

Project Zip

48227-3503

CD

MI-12

Jobs Reported

48

NAICS Code

561320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

579598.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

584703.70

Forgiveness Date

12/16/2021

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