Merit Imports INC

$60,545 PPP Loan in Glen Rock, New Jersey

Loan Details

Loan Number
1692127708
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$60,545
Current Approval
$60,545
Forgiveness Amount
$61,095
Forgiveness Date
Apr 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Merit Imports INC
Address
594 S Broad St
ZIP Code
07452
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424990)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NJ-05

Loan Use Breakdown

Payroll
$48,436
Rent
$10,000
Utilities
$2,109

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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