PPP Loan information for Merritt electric inc.

$45,228

Merritt electric inc. was initially approved for PPP Loan of amount $45,228, the current approved amount is $45,228. The loan was approved on 02/02/2021 by The CommerceOne Bank reported 5 jobs and $45,228 was used to fund payroll.

Merritt electric inc. is Existing or more than 2 years old

PPP Loan Search / AL / Dolomite / Merritt electric inc.

MERRITT ELECTRIC INC.

Date Approved

02/02/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

MERRITT ELECTRIC INC.

Borrower Address

760 Allison Bonnett Memorial Dr

Borrower City

Dolomite

Borrower State

AL

Borrower Zip

35061-1183

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

45228.30

Current Approval Amount

45228.30

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

520783

Servicing Lender Name

CommerceOne Bank

Servicing Lender Address

2100 SouthBridge Pkwy, Ste 385

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1317

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dolomite

Project County Name

JEFFERSON

Project State

AL

Project Zip

35061-1183

CD

AL-07

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

45226.30

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

520783

Originating Lender

CommerceOne Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

45593.84

Forgiveness Date

11/29/2021

;