PPP Loan information for Merit construction engineers, inc.

$238,600

Merit construction engineers, inc. was initially approved for PPP Loan of amount $238,600, the current approved amount is $238,600. The loan was approved on 04/14/2020 by The Customers Bank reported 18 jobs and $238,600 was used to fund payroll.

Merit construction engineers, inc. is Existing or more than 2 years old

PPP Loan Search / DE / Wilmington / Merit construction engineers, inc.

MERIT CONSTRUCTION ENGINEERS, INC.

Date Approved

04/14/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

MERIT CONSTRUCTION ENGINEERS, INC.

Borrower Address

5700 Kirkwood Hwy Suite 201

Borrower City

Wilmington

Borrower State

DE

Borrower Zip

19808

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

238600.00

Current Approval Amount

238600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19808-0001

CD

DE-

Jobs Reported

18

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

238600.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

239809.34

Forgiveness Date

11/03/2020

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