PPP Loan information for Merchants security services, inc.

$474,906

Merchants security services, inc. was initially approved for PPP Loan of amount $474,906, the current approved amount is $474,906. The loan was approved on 04/16/2020 by The JPMorgan Chase Bank, National Association reported 110 jobs and $474,906 was used to fund payroll.

Merchants security services, inc. is Existing or more than 2 years old

MERCHANTS SECURITY SERVICES, INC.

Date Approved

04/16/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

MERCHANTS SECURITY SERVICES, INC.

Borrower Address

4500 YORK ST STE 200

Borrower City

METAIRIE

Borrower State

LA

Borrower Zip

70001-1250

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

474906.00

Current Approval Amount

474906.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

METAIRIE

Project County Name

JEFFERSON

Project State

LA

Project Zip

70001-1250

CD

LA-01

Jobs Reported

110

NAICS Code

561612

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1650.00

Payroll Proceed

447245.78

Mortgage Interest Proceed

0.00

Rent Proceed

7142.22

Refinance EIDL Proceed

0.00

Health Care Proceed

16110.00

Debt Interest Proceed

2758

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

478318.99

Forgiveness Date

01/07/2021

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