PPP Loan information for Merritt electric, inc.

$43,400

Merritt electric, inc. was initially approved for PPP Loan of amount $43,400, the current approved amount is $43,400. The loan was approved on 04/27/2020 by The CommerceOne Bank reported 5 jobs and $43,400 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

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MERRITT ELECTRIC, INC.

Borrower Address

0 PO Box 278

Borrower City

Dolomite

Borrower State

AL

Borrower Zip

35061-1183

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

43400.00

Current Approval Amount

43400.00

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

0.00

Payroll Proceed

43400.00

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

520783

Originating Lender

CommerceOne Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

43732.93

Forgiveness Date

02/09/2021

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