PPP Loan information for Merit construction, inc.

$918,633

Merit construction, inc. was initially approved for PPP Loan of amount $960,300, the current approved amount is $918,633. The loan was approved on 04/15/2020 by The Regions Bank reported 66 jobs and $918,633 was used to fund payroll.

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

PPP Loan Search / TN / Knoxville / Merit construction, inc.

MERIT CONSTRUCTION, INC.

Date Approved

04/15/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MERIT CONSTRUCTION, INC.

Borrower Address

10435 Dutchtown Road

Borrower City

Knoxville

Borrower State

TN

Borrower Zip

37932-2512

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

960300.00

Current Approval Amount

918633.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Knoxville

Project County Name

KNOX

Project State

TN

Project Zip

37932-2512

CD

TN-02

Jobs Reported

66

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

918633.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

923389.76

Forgiveness Date

11/03/2020

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