PPP Loan information for Nerds xpress llc

$47,718

Nerds xpress llc was initially approved for PPP Loan of amount $47,718, the current approved amount is $47,718. The loan was approved on 01/21/2021 by The First Merchants Bank reported 2 jobs and $47,718 was used to fund payroll.

Nerds xpress llc is Existing or more than 2 years old

NERDS XPRESS LLC

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

NERDS XPRESS LLC

Borrower Address

25240 Lahser Rd Ste 2

Borrower City

Southfield

Borrower State

MI

Borrower Zip

48033-2751

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

47717.50

Current Approval Amount

47717.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Southfield

Project County Name

OAKLAND

Project State

MI

Project Zip

48033-2751

CD

MI-12

Jobs Reported

2

NAICS Code

541690

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

47712.50

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48028.64

Forgiveness Date

09/20/2021

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