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
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
Servicing Lender Zip
55014-1181
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
RAMSEY
Project State
Project Zip
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
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Non-Profit Organization
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Y
Forgiveness Amount
962514.12
Forgiveness Date
04/29/2021