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
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
Servicing Lender Zip
48801-1634
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WAYNE
Project State
Project Zip
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
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
25180.77
Forgiveness Date
01/11/2022