PPP Loan information for Merchant lane inc

$53,965

Merchant lane inc was initially approved for PPP Loan of amount $53,965, the current approved amount is $53,965. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 18 jobs and $53,965 was used to fund payroll.

Merchant lane inc is New Business or 2 years or less

PPP Loan Search / FL / DAVIE / Merchant lane inc

MERCHANT LANE INC

Date Approved

05/01/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

MERCHANT LANE INC

Borrower Address

3283 BIRCH TER

Borrower City

DAVIE

Borrower State

FL

Borrower Zip

33330-1337

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53965.00

Current Approval Amount

53965.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

DAVIE

Project County Name

BROWARD

Project State

FL

Project Zip

33330-1337

CD

FL-25

Jobs Reported

18

NAICS Code

522291

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

53965.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

54695.38

Forgiveness Date

09/13/2021

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