Meritronics, Inc.

$932,995 PPP Loan in Milpitas, California

Loan Details

Loan Number
2228447308
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$932,995
Current Approval
$932,995
Forgiveness Amount
$942,683
Forgiveness Date
May 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Meritronics, Inc.
Address
500 Yosemite Dr., Suite 108
ZIP Code
95035-5467
Business Type
Corporation
Industry (NAICS)
Manufacturing (334111)
Business Age
Existing or more than 2 years old
Jobs Reported
107
Estimated Revenue
$28.0M
Rural/Urban
Urban
Congressional District
CA-17

Loan Use Breakdown

Payroll
$932,995

Lender Information

Servicing Lender
Cathay Bank
Originating Lender
Cathay Bank

Other PPP Loans in Milpitas, CA

BusinessApproved
Preston Pipelines Inc.$10,000,000NewBizBotAI Deep Dive
Tarana Wireless, INC$3,463,151NewBizBotAI Deep Dive
Northland Control Systems, Inc.$3,359,232NewBizBotAI Deep Dive
Bt Mancini$3,200,000NewBizBotAI Deep Dive
Enquero INC$3,165,000NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free