Mer Engineering Co.

$91,800 PPP Loan in Fort Dodge, Iowa

Loan Details

Loan Number
1419437107
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$91,800
Current Approval
$91,800
Forgiveness Amount
$92,611
Forgiveness Date
Mar 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mer Engineering Co.
Address
109 Regency West Court
State
Iowa
ZIP Code
50501-4407
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541330)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$73,440
Rent
$9,000
Utilities
$5,958
Health Care
$3,402

Lender Information

Servicing Lender
Northwest Bank
Originating Lender
Northwest Bank

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