PPP Loan information for Merritt & sons llc

$256,408

Merritt & sons llc was initially approved for PPP Loan of amount $256,408, the current approved amount is $256,408. The loan was approved on 03/17/2021 by The Peoples Bank reported 24 jobs and $256,408 was used to fund payroll.

Merritt & sons llc is Existing or more than 2 years old

MERRITT & SONS LLC

Date Approved

03/17/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

MERRITT & SONS LLC

Borrower Address

5841 Davis Creek Rd

Borrower City

Barboursville

Borrower State

WV

Borrower Zip

25504-0017

Loan Status Date

08/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

256407.50

Current Approval Amount

256407.50

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

25504-0017

CD

WV-01

Jobs Reported

24

NAICS Code

238350

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

256403.50

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

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

259747.92

Forgiveness Date

07/08/2022

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