PPP Loan information for Merrill distributing, inc

$698,335

Merrill distributing, inc was initially approved for PPP Loan of amount $698,335, the current approved amount is $698,335. The loan was approved on 04/09/2020 by The First Business Bank reported 69 jobs and $698,335 was used to fund payroll.

Merrill distributing, inc is Existing or more than 2 years old

PPP Loan Search / WI / MERRILL / Merrill distributing, inc

MERRILL DISTRIBUTING, INC

Date Approved

04/09/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

MERRILL DISTRIBUTING, INC

Borrower Address

1301 N Memorial Drive P.O. Box 707

Borrower City

MERRILL

Borrower State

WI

Borrower Zip

54452-3188

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

698335.00

Current Approval Amount

698335.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76065

Servicing Lender Name

First Business Bank

Servicing Lender Address

401 Charmany Dr

Servicing Lender City

MADISON

Servicing Lender State

WI

Servicing Lender Zip

53719-1272

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MERRILL

Project County Name

LINCOLN

Project State

WI

Project Zip

54452-3188

CD

WI-07

Jobs Reported

69

NAICS Code

424490

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

698335.00

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

Corporation

Originating Lender Location Id

76065

Originating Lender

First Business Bank

Originating Lender City

MADISON

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

702965.06

Forgiveness Date

12/15/2020

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