PPP Loan information for Merit diamond corporation

$417,100

Merit diamond corporation was initially approved for PPP Loan of amount $417,100, the current approved amount is $417,100. The loan was approved on 01/30/2021 by The Loan Source Incorporated reported 24 jobs and $417,100 was used to fund payroll.

Merit diamond corporation is Existing or more than 2 years old

MERIT DIAMOND CORPORATION

Date Approved

01/30/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

MERIT DIAMOND CORPORATION

Borrower Address

1900 Tyler St Fl 3

Borrower City

Hollywood

Borrower State

FL

Borrower Zip

33020-4517

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

417100.00

Current Approval Amount

417100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hollywood

Project County Name

BROWARD

Project State

FL

Project Zip

33020-4517

CD

FL-25

Jobs Reported

24

NAICS Code

423490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

417097.00

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

17356

Originating Lender

Amerant Bank, National Association

Originating Lender City

CORAL GABLES

Originating Lender State

FL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

420973.89

Forgiveness Date

01/11/2022

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