PPP Loan information for Merrit computer service, inc

$23,400

Merrit computer service, inc was initially approved for PPP Loan of amount $23,400, the current approved amount is $23,400. The loan was approved on 04/06/2020 by The NSB Bank reported 5 jobs and $23,400 was used to fund payroll.

Merrit computer service, inc is Existing or more than 2 years old

MERRIT COMPUTER SERVICE, INC

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MERRIT COMPUTER SERVICE, INC

Borrower Address

1015 15TH ST SW

Borrower City

MASON CITY

Borrower State

IA

Borrower Zip

50401-1419

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23400.00

Current Approval Amount

23400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25313

Servicing Lender Name

NSB Bank

Servicing Lender Address

2650 4th St SW

Servicing Lender City

MASON CITY

Servicing Lender State

IA

Servicing Lender Zip

50401-4651

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MASON CITY

Project County Name

CERRO GORDO

Project State

IA

Project Zip

50401-1419

CD

IA-02

Jobs Reported

5

NAICS Code

541513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

23400.00

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

25313

Originating Lender

NSB Bank

Originating Lender City

MASON CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

23547.55

Forgiveness Date

11/24/2020

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