PPP Loan information for Meritcorp group, llc

$350,000

Meritcorp group, llc was initially approved for PPP Loan of amount $350,000, the current approved amount is $350,000. The loan was approved on 04/27/2020 by The Baxter CU reported 14 jobs and $350,000 was used to fund payroll.

Meritcorp group, llc is Existing or more than 2 years old

MERITCORP GROUP, LLC

Date Approved

04/27/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MERITCORP GROUP, LLC

Borrower Address

3697 DARLENE CT

Borrower City

AURORA

Borrower State

IL

Borrower Zip

60504-6515

Loan Status Date

02/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

350000.00

Current Approval Amount

350000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

109727

Servicing Lender Name

Baxter CU

Servicing Lender Address

340 N Milwaukee Ave

Servicing Lender City

VERNON HILLS

Servicing Lender State

IL

Servicing Lender Zip

60061-1533

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AURORA

Project County Name

DUPAGE

Project State

IL

Project Zip

60504-6515

CD

IL-11

Jobs Reported

14

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

350000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

109727

Originating Lender

Baxter CU

Originating Lender City

VERNON HILLS

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

247924.26

Forgiveness Date

02/10/2021

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