PPP Loan information for Merchant processing solutions inc.

$154,281

Merchant processing solutions inc. was initially approved for PPP Loan of amount $154,281, the current approved amount is $154,281. The loan was approved on 04/07/2021 by The Cross River Bank reported 13 jobs and $154,281 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

04/07/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

MERCHANT PROCESSING SOLUTIONS INC.

Borrower Address

200 Harry S Truman Pkwy

Borrower City

Annapolis

Borrower State

MD

Borrower Zip

21401-7601

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

154281.00

Current Approval Amount

154281.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

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

21401-7601

CD

MD-03

Jobs Reported

13

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

154275.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

155384.21

Forgiveness Date

01/03/2022

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