PPP Loan information for Merithall, inc.

$630,400

Merithall, inc. was initially approved for PPP Loan of amount $630,400, the current approved amount is $630,400. The loan was approved on 04/28/2020 by The Comerica Bank reported 80 jobs and $630,400 was used to fund payroll.

Merithall, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Livonia / Merithall, inc.

MERITHALL, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MERITHALL, INC.

Borrower Address

33411 Schoolcraft Rd

Borrower City

Livonia

Borrower State

MI

Borrower Zip

48150-1501

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

630400.00

Current Approval Amount

630400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Livonia

Project County Name

WAYNE

Project State

MI

Project Zip

48150-1501

CD

MI-12

Jobs Reported

80

NAICS Code

561311

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

504357.60

Mortgage Interest Proceed

126042.40

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

638962.93

Forgiveness Date

09/02/2021

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