Merchants Credit Corporation

$2,026,600 PPP Loan in Redmond, Washington

Loan Details

Loan Number
7141557208
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$2,026,600
Current Approval
$2,026,600
Forgiveness Amount
$1,078,232
Forgiveness Date
Jan 21, 2022
Term
24 months
Draw
First Draw

Business Information

Business Name
Merchants Credit Corporation
Address
2245 152nd Ave NE
ZIP Code
98052
Business Type
Corporation
Industry (NAICS)
Administrative and Support and Waste Management (561440)
Business Age
Existing or more than 2 years old
Jobs Reported
61
Estimated Revenue
$11.5M
Rural/Urban
Urban
Congressional District
WA-01

Loan Use Breakdown

Payroll
$2,026,600

Lender Information

Servicing Lender
Banner Bank
Originating Lender
Banner Bank

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