PPP Loan information for Merchant processing solutions, inc.

$151,294

Merchant processing solutions, inc. was initially approved for PPP Loan of amount $151,294, the current approved amount is $151,294. The loan was approved on 05/28/2020 by The Celtic Bank Corporation reported 13 jobs and $151,294 was used to fund payroll.

Merchant processing solutions, inc. is Existing or more than 2 years old

PPP Loan Search / MD / Annapolis / Merchant processing solutions, inc.

MERCHANT PROCESSING SOLUTIONS, INC.

Date Approved

05/28/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

MERCHANT PROCESSING SOLUTIONS, INC.

Borrower Address

200 Harry S. Truman Parkway

Borrower City

Annapolis

Borrower State

MD

Borrower Zip

21401-5210

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

151294.00

Current Approval Amount

151294.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Annapolis

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21401-5210

CD

MD-03

Jobs Reported

13

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

18911.75

Payroll Proceed

113470.50

Mortgage Interest Proceed

0.00

Rent Proceed

18911.75

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

153486.73

Forgiveness Date

11/10/2021

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