PPP Loan information for Merrill fabricators inc

$5,886,000

Merrill fabricators inc was initially approved for PPP Loan of amount $5,886,000, the current approved amount is $5,886,000. The loan was approved on 04/10/2020 by The CIBC Bank USA reported 362 jobs and $5,886,000 was used to fund payroll.

Merrill fabricators inc is Existing or more than 2 years old

PPP Loan Search / MI / SAGINAW / Merrill fabricators inc

MERRILL FABRICATORS INC

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MERRILL FABRICATORS INC

Borrower Address

400 Florence Street

Borrower City

SAGINAW

Borrower State

MI

Borrower Zip

48602-1203

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5886000.00

Current Approval Amount

5886000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAGINAW

Project County Name

SAGINAW

Project State

MI

Project Zip

48602-1203

CD

MI-08

Jobs Reported

362

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5886000.00

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

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5954051.84

Forgiveness Date

06/11/2021

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