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 04/08/2020 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

MERRICK, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MERRICK, INC.

Borrower Address

3210 Labore Road

Borrower City

SAINT PAUL

Borrower State

MN

Borrower Zip

55110-5130

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

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

624120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

16348.16

Payroll Proceed

925591.84

Mortgage Interest Proceed

10760.00

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

962514.12

Forgiveness Date

04/29/2021

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