PPP Loan information for Merrick inc.

$952,700

Merrick inc. was initially approved for PPP Loan of amount $952,700, the current approved amount is $952,700. The loan was approved on 01/22/2021 by The First Resource Bank reported 155 jobs and $952,700 was used to fund payroll.

Merrick inc. is Existing or more than 2 years old

PPP Loan Search / MN / Saint Paul / Merrick inc.

MERRICK INC.

Date Approved

01/22/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MERRICK INC.

Borrower Address

3210 Labore Rd

Borrower City

Saint Paul

Borrower State

MN

Borrower Zip

55110-5130

Loan Status Date

04/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

952700.00

Current Approval Amount

952700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434662

Servicing Lender Name

First Resource Bank

Servicing Lender Address

7449 Village Dr

Servicing Lender City

LINO LAKES

Servicing Lender State

MN

Servicing Lender Zip

55014-1181

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saint Paul

Project County Name

RAMSEY

Project State

MN

Project Zip

55110-5130

CD

MN-04

Jobs Reported

155

NAICS Code

485991

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

952698.00

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

Non-Profit Organization

Originating Lender Location Id

434662

Originating Lender

First Resource Bank

Originating Lender City

LINO LAKES

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

961757.18

Forgiveness Date

01/18/2022

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