Merit Professional Services

$275,000 PPP Loan in Flower Mound, Texas

Loan Details

Loan Number
6379677302
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$275,000
Current Approval
$275,000
Forgiveness Amount
$278,383
Forgiveness Date
Aug 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Merit Professional Services
Address
1001 Cross Timbers Road
State
Texas
ZIP Code
75028
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541990)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-24

Loan Use Breakdown

Payroll
$206,250
Rent
$68,750

Lender Information

Servicing Lender
Celtic Bank Corporation
Originating Lender
Celtic Bank Corporation

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