PPP Loan information for Merit sleep management

$251,367

Merit sleep management was initially approved for PPP Loan of amount $251,367, the current approved amount is $251,367. The loan was approved on 05/05/2020 by The Old Second National Bank reported 31 jobs and $251,367 was used to fund payroll.

Merit sleep management is Existing or more than 2 years old

MERIT SLEEP MANAGEMENT

Date Approved

05/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MERIT SLEEP MANAGEMENT

Borrower Address

665 W NORTH AVE

Borrower City

LOMBARD

Borrower State

IL

Borrower Zip

60148-1189

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

251367.00

Current Approval Amount

251367.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOMBARD

Project County Name

DUPAGE

Project State

IL

Project Zip

60148-1189

CD

IL-06

Jobs Reported

31

NAICS Code

621498

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

251367.00

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

Subchapter S Corporation

Originating Lender Location Id

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

253650.25

Forgiveness Date

03/31/2021

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