PPP Loan information for Merit education inc

$250,492

Merit education inc was initially approved for PPP Loan of amount $250,492, the current approved amount is $250,492. The loan was approved on 01/26/2021 by The Burke & Herbert Bank & Trust Company reported 37 jobs and $250,492 was used to fund payroll.

Merit education inc is Existing or more than 2 years old

PPP Loan Search / VA / Leesburg / Merit education inc

MERIT EDUCATION INC

Date Approved

01/26/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

MERIT EDUCATION INC

Borrower Address

15050 Lees Crossing Ln

Borrower City

Leesburg

Borrower State

VA

Borrower Zip

20176-5650

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

250492.15

Current Approval Amount

250492.15

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73056

Servicing Lender Name

Burke & Herbert Bank & Trust Company

Servicing Lender Address

100 S Fairfax St

Servicing Lender City

ALEXANDRIA

Servicing Lender State

VA

Servicing Lender Zip

22314-3340

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Leesburg

Project County Name

LOUDOUN

Project State

VA

Project Zip

20176-5650

CD

VA-10

Jobs Reported

37

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

250492.15

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

73056

Originating Lender

Burke & Herbert Bank & Trust Company

Originating Lender City

ALEXANDRIA

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

253727.67

Forgiveness Date

05/18/2022

;