PPP Loan information for Merryman construction co

$311,500

Merryman construction co was initially approved for PPP Loan of amount $311,500, the current approved amount is $311,500. The loan was approved on 04/13/2020 by The Lea County State Bank reported 24 jobs and $311,500 was used to fund payroll.

Merryman construction co is Existing or more than 2 years old

PPP Loan Search / NM / JAL / Merryman construction co

MERRYMAN CONSTRUCTION CO

Date Approved

04/13/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

MERRYMAN CONSTRUCTION CO

Borrower Address

3435 Highway 18

Borrower City

JAL

Borrower State

NM

Borrower Zip

88252-2520

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

311500.00

Current Approval Amount

311500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45791

Servicing Lender Name

Lea County State Bank

Servicing Lender Address

1017 N Turner

Servicing Lender City

HOBBS

Servicing Lender State

NM

Servicing Lender Zip

88240-5150

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JAL

Project County Name

LEA

Project State

NM

Project Zip

88252-2520

CD

NM-02

Jobs Reported

24

NAICS Code

333120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1600.00

Payroll Proceed

278200.00

Mortgage Interest Proceed

6200.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

25500.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

45791

Originating Lender

Lea County State Bank

Originating Lender City

HOBBS

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

303284.22

Forgiveness Date

11/25/2020

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