The Merit Corporation

$431,905 PPP Loan in Belle Ville, New Jersey

Loan Details

Loan Number
4884977202
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$431,905
Current Approval
$431,905
Forgiveness Amount
$438,058
Forgiveness Date
Oct 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Merit Corporation
Address
523 Cortlandt Street
ZIP Code
07109
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423740)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$10.1M
Rural/Urban
Urban
Congressional District
NJ-11

Loan Use Breakdown

Payroll
$431,905

Lender Information

Servicing Lender
Santander Bank, National Association
Originating Lender
Santander Bank, National Association

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