PPP Loan information for Merit erectors inc.

$370,700

Merit erectors inc. was initially approved for PPP Loan of amount $370,700, the current approved amount is $370,700. The loan was approved on 01/26/2021 by The Stock Yards Bank & Trust Company reported 25 jobs and $370,700 was used to fund payroll.

Merit erectors inc. is Existing or more than 2 years old

MERIT ERECTORS INC.

Date Approved

01/26/2021

SBA Office Code

0593

Processing Method

PPS

Borrower Name

MERIT ERECTORS INC.

Borrower Address

1046 Delta Ave

Borrower City

Cincinnati

Borrower State

OH

Borrower Zip

45208-3142

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

370700.00

Current Approval Amount

370700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27569

Servicing Lender Name

Stock Yards Bank & Trust Company

Servicing Lender Address

1040 E Main St

Servicing Lender City

LOUISVILLE

Servicing Lender State

KY

Servicing Lender Zip

40206-1856

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cincinnati

Project County Name

HAMILTON

Project State

OH

Project Zip

45208-3142

CD

OH-01

Jobs Reported

25

NAICS Code

238120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

370698.00

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

27569

Originating Lender

Stock Yards Bank & Trust Company

Originating Lender City

LOUISVILLE

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

373167.95

Forgiveness Date

10/06/2021

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