PPP Loan information for Merjent, inc.

$2,388,655

Merjent, inc. was initially approved for PPP Loan of amount $3,800,000, the current approved amount is $2,388,655. The loan was approved on 04/07/2020 by The Northeast Bank reported 123 jobs and $2,388,655 was used to fund payroll.

Merjent, inc. is Existing or more than 2 years old

PPP Loan Search / MN / MINNEAPOLIS / Merjent, inc.

MERJENT, INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MERJENT, INC.

Borrower Address

1 MAIN ST STE 300

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55414-1058

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3800000.00

Current Approval Amount

2388655.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38406

Servicing Lender Name

Northeast Bank

Servicing Lender Address

77 Broadway St NE

Servicing Lender City

MINNEAPOLIS

Servicing Lender State

MN

Servicing Lender Zip

55413-1811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINNEAPOLIS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55414-1058

CD

MN-05

Jobs Reported

123

NAICS Code

926150

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2388655.00

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

38406

Originating Lender

Northeast Bank

Originating Lender City

MINNEAPOLIS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2417187.97

Forgiveness Date

06/28/2021

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