Merchant Investments, INC

$2,285,412 PPP Loan in Des Moines, Iowa

Loan Details

Loan Number
4511347209
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$2,285,412
Current Approval
$2,285,412
Forgiveness Amount
$2,310,805
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Merchant Investments, INC
Address
2222 Grand Ave
State
Iowa
ZIP Code
50312-5339
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
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
$2,285,412

Lender Information

Servicing Lender
Community State Bank
Originating Lender
Community State Bank

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