PPP Loan information for Merrick engineering inc

$2,404,500

Merrick engineering inc was initially approved for PPP Loan of amount $2,404,500, the current approved amount is $2,404,500. The loan was approved on 04/05/2020 by The City National Bank reported 250 jobs and $2,404,500 was used to fund payroll.

Merrick engineering inc is Existing or more than 2 years old

MERRICK ENGINEERING INC

Date Approved

04/05/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

MERRICK ENGINEERING INC

Borrower Address

1275 Quarry St

Borrower City

CORONA

Borrower State

CA

Borrower Zip

92879-1707

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2404500.00

Current Approval Amount

2404500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CORONA

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92879-1707

CD

CA-41

Jobs Reported

250

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

79500.00

Payroll Proceed

2175000.00

Mortgage Interest Proceed

25000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

100000.00

Debt Interest Proceed

25000

Business Type

Corporation

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2431838.84

Forgiveness Date

06/11/2021

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