PPP Loan information for Merrimac solutions, inc.

$95,600

Merrimac solutions, inc. was initially approved for PPP Loan of amount $95,600, the current approved amount is $95,600. The loan was approved on 04/13/2020 by The Customers Bank reported 6 jobs and $95,600 was used to fund payroll.

Merrimac solutions, inc. is Existing or more than 2 years old

PPP Loan Search / IL / Aurora / Merrimac solutions, inc.

MERRIMAC SOLUTIONS, INC.

Date Approved

04/13/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MERRIMAC SOLUTIONS, INC.

Borrower Address

2245 Sequoia Drive, Suite 301B

Borrower City

Aurora

Borrower State

IL

Borrower Zip

60506

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

95600.00

Current Approval Amount

95600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Aurora

Project County Name

KANE

Project State

IL

Project Zip

60506-1000

CD

IL-11

Jobs Reported

6

NAICS Code

561312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

95600.00

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

Subchapter S Corporation

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

96296.70

Forgiveness Date

01/25/2021

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