PPP Loan information for Merichem company

$3,828,000

Merichem company was initially approved for PPP Loan of amount $3,828,000, the current approved amount is $3,828,000. The loan was approved on 02/24/2021 by The Zions Bank, A Division of reported 143 jobs and $3,828,000 was used to fund payroll.

Merichem company is Existing or more than 2 years old

PPP Loan Search / TX / Houston / Merichem company

MERICHEM COMPANY

Date Approved

02/24/2021

SBA Office Code

0671

Processing Method

PPP

Borrower Name

MERICHEM COMPANY

Borrower Address

5455 Old Spanish Trl

Borrower City

Houston

Borrower State

TX

Borrower Zip

77023-5013

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

3828000.00

Current Approval Amount

3828000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72601

Servicing Lender Name

Zions Bank, A Division of

Servicing Lender Address

1 S Main St

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84133-1109

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Houston

Project County Name

HARRIS

Project State

TX

Project Zip

77023-5013

CD

TX-29

Jobs Reported

143

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

3827999.00

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

72601

Originating Lender

Zions Bank, A Division of

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3847611.95

Forgiveness Date

09/02/2021

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