PPP Loan information for Merritts inc

$36,396

Merritts inc was initially approved for PPP Loan of amount $36,400, the current approved amount is $36,396. The loan was approved on 04/04/2020 by The Friend Bank reported 24 jobs and $36,396 was used to fund payroll.

Merritts inc is Existing or more than 2 years old

PPP Loan Search / AL / SLOCOMB / Merritts inc

MERRITTS INC

Date Approved

04/04/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MERRITTS INC

Borrower Address

127 SOUTH DALTON ST

Borrower City

SLOCOMB

Borrower State

AL

Borrower Zip

36375-5483

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

36400.00

Current Approval Amount

36396.39

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3282

Servicing Lender Name

Friend Bank

Servicing Lender Address

220 E Lawrence Harris Hwy

Servicing Lender City

SLOCOMB

Servicing Lender State

AL

Servicing Lender Zip

36375-8106

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SLOCOMB

Project County Name

GENEVA

Project State

AL

Project Zip

36375-5483

CD

AL-02

Jobs Reported

24

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

36396.39

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

3282

Originating Lender

Friend Bank

Originating Lender City

SLOCOMB

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

36709.50

Forgiveness Date

02/19/2021

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