PPP Loan information for Merl's towing service, inc.

$333,758

Merl's towing service, inc. was initially approved for PPP Loan of amount $333,758, the current approved amount is $333,758. The loan was approved on 04/14/2020 by The Fifth Third Bank reported 24 jobs and $333,758 was used to fund payroll.

Merl's towing service, inc. is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Merl's towing service, inc.

MERL'S TOWING SERVICE, INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MERL'S TOWING SERVICE, INC.

Borrower Address

5510 CLAY AVE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49548

Loan Status Date

03/05/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

333757.50

Current Approval Amount

333757.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49548-0800

CD

MI-03

Jobs Reported

24

NAICS Code

488410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

333757.50

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

336900.38

Forgiveness Date

03/30/2021

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