PPP Loan information for Merritt and sons, llc

$256,200

Merritt and sons, llc was initially approved for PPP Loan of amount $256,200, the current approved amount is $256,200. The loan was approved on 04/07/2020 by The Peoples Bank reported 23 jobs and $256,200 was used to fund payroll.

Merritt and sons, llc is Existing or more than 2 years old

MERRITT AND SONS, LLC

Date Approved

04/07/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

MERRITT AND SONS, LLC

Borrower Address

5841 Davis Creek

Borrower City

BARBOURSVILLE

Borrower State

WV

Borrower Zip

25504-0001

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

256200.00

Current Approval Amount

256200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BARBOURSVILLE

Project County Name

CABELL

Project State

WV

Project Zip

25504-0001

CD

WV-01

Jobs Reported

23

NAICS Code

442299

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

205000.00

Mortgage Interest Proceed

0.00

Rent Proceed

51200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

258441.75

Forgiveness Date

03/09/2021

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