PPP Loan information for Merle-n more inc.

$10,805

Merle-n more inc. was initially approved for PPP Loan of amount $14,037, the current approved amount is $10,805. The loan was approved on 04/06/2020 by The Farmers & Merchants Bank reported 7 jobs and $10,805 was used to fund payroll.

Merle-n more inc. is Existing or more than 2 years old

MERLE-N MORE INC.

Date Approved

04/06/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MERLE-N MORE INC.

Borrower Address

326 OAK AVENUE MALL DR

Borrower City

KANNAPOLIS

Borrower State

NC

Borrower Zip

28081-4340

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

14037.00

Current Approval Amount

10805.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50827

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

138 N Salisbury Ave

Servicing Lender City

GRANITE QUARRY

Servicing Lender State

NC

Servicing Lender Zip

28146

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KANNAPOLIS

Project County Name

CABARRUS

Project State

NC

Project Zip

28081-4340

CD

NC-12

Jobs Reported

7

NAICS Code

446120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

10805.00

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

Corporation

Originating Lender Location Id

50827

Originating Lender

Farmers & Merchants Bank

Originating Lender City

GRANITE QUARRY

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

10917.85

Forgiveness Date

05/11/2021

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