PPP Loan information for Merrill initiatives inc

$15,000

Merrill initiatives inc was initially approved for PPP Loan of amount $15,000, the current approved amount is $15,000. The loan was approved on 04/28/2020 by The Cache Valley Bank reported 2 jobs and $15,000 was used to fund payroll.

Merrill initiatives inc is Existing or more than 2 years old

MERRILL INITIATIVES INC

Date Approved

04/28/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

MERRILL INITIATIVES INC

Borrower Address

2338 OAKRIDGE DR

Borrower City

LAYTON

Borrower State

UT

Borrower Zip

84040-7742

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15000.00

Current Approval Amount

15000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAYTON

Project County Name

DAVIS

Project State

UT

Project Zip

84040-7742

CD

UT-01

Jobs Reported

2

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

15000.00

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

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

15104.58

Forgiveness Date

01/08/2021

;