PPP Loan information for Meritus electric inc

$37,200

Meritus electric inc was initially approved for PPP Loan of amount $37,200, the current approved amount is $37,200. The loan was approved on 04/07/2020 by The United Community Bank reported 5 jobs and $37,200 was used to fund payroll.

Meritus electric inc is Existing or more than 2 years old

MERITUS ELECTRIC INC

Date Approved

04/07/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

MERITUS ELECTRIC INC

Borrower Address

2508 N Main Street Suite A

Borrower City

ANDERSON

Borrower State

SC

Borrower Zip

29621-3266

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37200.00

Current Approval Amount

37200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANDERSON

Project County Name

ANDERSON

Project State

SC

Project Zip

29621-3266

CD

SC-03

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

37200.00

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

Corporation

Originating Lender Location Id

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

37462.95

Forgiveness Date

01/07/2021

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