Merit Construction Inc.

$1,004,153 PPP Loan in Knoxville, Tennessee

Loan Details

Loan Number
4598498402
Date Approved
Feb 6, 2021
Loan Status
Paid in Full
Initial Approval
$1,004,153
Current Approval
$1,004,153
Forgiveness Amount
$1,007,611
Forgiveness Date
Jun 15, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Merit Construction Inc.
Address
10435 Dutchtown Rd
ZIP Code
37932-2512
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
61
Estimated Revenue
$69.5M
Rural/Urban
Urban
Congressional District
TN-02

Loan Use Breakdown

Payroll
$1,004,153

Lender Information

Servicing Lender
Home Federal Bank of Tennessee
Originating Lender
Home Federal Bank of Tennessee

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