PPP Loan information for Timothy merritt

$10,200

Timothy merritt was initially approved for PPP Loan of amount $10,200, the current approved amount is $10,200. The loan was approved on 04/30/2020 by The 1st United Bank reported 1 jobs and $10,200 was used to fund payroll.

Timothy merritt is Existing or more than 2 years old

TIMOTHY MERRITT

Date Approved

04/30/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TIMOTHY MERRITT

Borrower Address

212 15TH STREET NE

Borrower City

OWATONNA

Borrower State

MN

Borrower Zip

55060-1733

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10200.00

Current Approval Amount

10200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88765

Servicing Lender Name

1st United Bank

Servicing Lender Address

430 NW Fourth St

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-5031

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OWATONNA

Project County Name

STEELE

Project State

MN

Project Zip

55060-1733

CD

MN-01

Jobs Reported

1

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

10200.00

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

Sole Proprietorship

Originating Lender Location Id

88765

Originating Lender

1st United Bank

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

10274.80

Forgiveness Date

02/04/2021

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