PPP Loan information for Merit home health care

$24,958

Merit home health care was initially approved for PPP Loan of amount $24,958, the current approved amount is $24,958. The loan was approved on 02/16/2021 by The Commercial Bank reported 4 jobs and $24,958 was used to fund payroll.

Merit home health care is Existing or more than 2 years old

MERIT HOME HEALTH CARE

Date Approved

02/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MERIT HOME HEALTH CARE

Borrower Address

5880 N Canton Center Rd Ste 412

Borrower City

Canton

Borrower State

MI

Borrower Zip

48187-2686

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

24957.86

Current Approval Amount

24957.86

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33538

Servicing Lender Name

Commercial Bank

Servicing Lender Address

301 N State St

Servicing Lender City

ALMA

Servicing Lender State

MI

Servicing Lender Zip

48801-1634

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Canton

Project County Name

WAYNE

Project State

MI

Project Zip

48187-2686

CD

MI-06

Jobs Reported

4

NAICS Code

621610

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

24955.86

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

33538

Originating Lender

Commercial Bank

Originating Lender City

ALMA

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

25180.77

Forgiveness Date

01/11/2022

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