PPP Loan information for Merola tile distributors of america, llc

$1,030,300

Merola tile distributors of america, llc was initially approved for PPP Loan of amount $1,030,300, the current approved amount is $1,030,300. The loan was approved on 04/27/2020 by The Citibank, N.A. reported 98 jobs and $1,030,300 was used to fund payroll.

Merola tile distributors of america, llc is New Business or 2 years or less

MEROLA TILE DISTRIBUTORS OF AMERICA, LLC

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MEROLA TILE DISTRIBUTORS OF AMERICA, LLC

Borrower Address

217 County Road 522 0

Borrower City

Manalapan

Borrower State

NJ

Borrower Zip

07726-8813

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1030300.00

Current Approval Amount

1030300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49274

Servicing Lender Name

Citibank, N.A.

Servicing Lender Address

5800 S. Corporate Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Manalapan

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07726-8813

CD

NJ-03

Jobs Reported

98

NAICS Code

423320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1030300.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

49274

Originating Lender

Citibank, N.A.

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1039830.28

Forgiveness Date

04/06/2021

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