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Merit Electronic Design Co INC

$846,235 PPP Loan in Edgewood, New York

Loan Details

Loan Number
1279947202
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$846,235
Current Approval
$846,235
Forgiveness Amount
$852,981
Forgiveness Date
Feb 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Merit Electronic Design Co INC
Address
190 Rodeo Dr
City
Edgewood
State
New York
ZIP Code
11717
Business Type
Corporation
Industry (NAICS)
Manufacturing (334419)
Business Age
Existing or more than 2 years old
Jobs Reported
86
Estimated Revenue
$22.5M
Rural/Urban
Urban
Congressional District
NY-02

Loan Use Breakdown

Payroll
$846,235

Lender Information

Servicing Lender
Dime Community Bank
Originating Lender
Dime Community Bank

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