Merchant Investments INC
$2,000,000 PPP Loan in Des Moines, Iowa
Loan Details
- Loan Number
- 1502348504
- Date Approved
- Feb 19, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $2,000,000
- Current Approval
- $2,000,000
- Forgiveness Amount
- $2,017,444
- Forgiveness Date
- Jan 4, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Merchant Investments INC
- Address
- 2222 Grand Ave
- City
- Des Moines
- State
- Iowa
- ZIP Code
- 50312-5339
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Accommodation and Food Services (722511)
- Franchise
- Jimmy John's
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 500
- Estimated Revenue
- $88.8M
- Rural/Urban
- Urban
- Congressional District
- IA-03
Loan Use Breakdown
- Payroll
- $1,999,996
- Utilities
- $1
Lender Information
- Servicing Lender
- Northwest Bank
- Originating Lender
- Northwest Bank
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