PPP Loan information for Merit technical institute inc

$147,807

Merit technical institute inc was initially approved for PPP Loan of amount $147,807, the current approved amount is $147,807. The loan was approved on 03/15/2021 by The Fountainhead SBF LLC reported 11 jobs and $147,807 was used to fund payroll.

Merit technical institute inc is Existing or more than 2 years old

PPP Loan Search / NJ / Jersey City / Merit technical institute inc

MERIT TECHNICAL INSTITUTE INC

Date Approved

03/15/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MERIT TECHNICAL INSTITUTE INC

Borrower Address

321 Grove St

Borrower City

Jersey City

Borrower State

NJ

Borrower Zip

07302-5924

Loan Status Date

10/08/2022

Loan Status

Charged Off

Term

41

SBA Guaranty Percentage

100

Initial Approval Amount

147807.00

Current Approval Amount

147807.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

524612

Servicing Lender Name

Fountainhead SBF LLC

Servicing Lender Address

3216 W. Lake Mary Blvd

Servicing Lender City

LAKE MARY

Servicing Lender State

FL

Servicing Lender Zip

32746

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Jersey City

Project County Name

HUDSON

Project State

NJ

Project Zip

07302-5924

CD

NJ-08

Jobs Reported

11

NAICS Code

611310

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

147807.00

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

524612

Originating Lender

Fountainhead SBF LLC

Originating Lender City

LAKE MARY

Originating Lender State

FL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;