Merchen & Reed Gravel Co. Inc.

$226,765 PPP Loan in Powers, Oregon

Loan Details

Loan Number
2597068510
Date Approved
Feb 20, 2021
Loan Status
Paid in Full
Initial Approval
$226,765
Current Approval
$226,765
Forgiveness Amount
$228,045
Forgiveness Date
Sep 20, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Merchen & Reed Gravel Co. Inc.
Address
970 5th Ave
City
Powers
State
Oregon
ZIP Code
97466-9757
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423810)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
$5.5M
Rural/Urban
Rural
Congressional District
OR-04

Loan Use Breakdown

Payroll
$226,765

Lender Information

Servicing Lender
Banner Bank
Originating Lender
Banner Bank

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