PPP Loan information for Merritt electric corp

$34,300

Merritt electric corp was initially approved for PPP Loan of amount $34,300, the current approved amount is $34,300. The loan was approved on 02/01/2021 by The Readycap Lending, LLC reported 4 jobs and $34,300 was used to fund payroll.

Merritt electric corp is Existing or more than 2 years old

MERRITT ELECTRIC CORP

Date Approved

02/01/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

MERRITT ELECTRIC CORP

Borrower Address

25308 139th Pl SE

Borrower City

Kent

Borrower State

WA

Borrower Zip

98042-6648

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

34300.00

Current Approval Amount

34300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kent

Project County Name

KING

Project State

WA

Project Zip

98042-6648

CD

WA-08

Jobs Reported

4

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

34299.00

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

Sole Proprietorship

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

34671.19

Forgiveness Date

03/14/2022

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