PPP Loan information for Merl inc

$698,200

Merl inc was initially approved for PPP Loan of amount $698,200, the current approved amount is $698,200. The loan was approved on 04/15/2020 by The Peoples Bank reported 62 jobs and $698,200 was used to fund payroll.

Merl inc is Existing or more than 2 years old

PPP Loan Search / WA / BELLINGHAM / Merl inc

MERL INC

Date Approved

04/15/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

MERL INC

Borrower Address

2330 YEW ST

Borrower City

BELLINGHAM

Borrower State

WA

Borrower Zip

98229-3942

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

698200.00

Current Approval Amount

698200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74316

Servicing Lender Name

Peoples Bank

Servicing Lender Address

3100 Woburn St

Servicing Lender City

BELLINGHAM

Servicing Lender State

WA

Servicing Lender Zip

98226-8678

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELLINGHAM

Project County Name

WHATCOM

Project State

WA

Project Zip

98229-3942

CD

WA-02

Jobs Reported

62

NAICS Code

446110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

698200.00

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

74316

Originating Lender

Peoples Bank

Originating Lender City

BELLINGHAM

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

704348.04

Forgiveness Date

03/11/2021

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