PPP Loan information for Lmerg inc.

$689,881

Lmerg inc. was initially approved for PPP Loan of amount $689,881, the current approved amount is $689,881. The loan was approved on 03/20/2021 by The Webster Bank National Association reported 160 jobs and $689,881 was used to fund payroll.

Lmerg inc. is Existing or more than 2 years old

PPP Loan Search / MA / West Springfield / Lmerg inc.

LMERG INC.

Date Approved

03/20/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

LMERG INC.

Borrower Address

425 Union St Ste 5

Borrower City

West Springfield

Borrower State

MA

Borrower Zip

01089-3485

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

689881.00

Current Approval Amount

689881.00

Undisbursed Amount

0.00

Franchise Name

Homewatch CareGivers

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Springfield

Project County Name

HAMPDEN

Project State

MA

Project Zip

01089-3485

CD

MA-01

Jobs Reported

160

NAICS Code

621610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

689877.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

695853.67

Forgiveness Date

02/03/2022

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