PPP Loan information for Merritts boat & engine works inc

$1,049,021

Merritts boat & engine works inc was initially approved for PPP Loan of amount $1,049,021, the current approved amount is $1,049,021. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 102 jobs and $1,049,021 was used to fund payroll.

Merritts boat & engine works inc is Existing or more than 2 years old

PPP Loan Search / FL / POMPANO BEACH / Merritts boat & engine works inc

MERRITTS BOAT & ENGINE WORKS INC

Date Approved

05/01/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

MERRITTS BOAT & ENGINE WORKS INC

Borrower Address

2931 NE 16TH STREET

Borrower City

POMPANO BEACH

Borrower State

FL

Borrower Zip

33062

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1049021.00

Current Approval Amount

1049021.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

POMPANO BEACH

Project County Name

BROWARD

Project State

FL

Project Zip

33062-0900

CD

FL-23

Jobs Reported

102

NAICS Code

336612

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1049021.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1062040.36

Forgiveness Date

08/03/2021

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