Merit Advisors, LLC
$860,400 PPP Loan in Gainesville, Texas
Loan Details
- Loan Number
- 7218147104
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $860,400
- Current Approval
- $860,400
- Forgiveness Amount
- $865,138
- Forgiveness Date
- Nov 5, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Merit Advisors, LLC
- Address
- 114 W. Main Street
- City
- Gainesville
- State
- Texas
- ZIP Code
- 76240-4703
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Professional, Scientific, and Technical Services (541219)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 59
- Estimated Revenue
- $18.8M
- Rural/Urban
- Rural
- Congressional District
- TX-13
Loan Use Breakdown
- Payroll
- $750,000
- Rent
- $40,000
- Health Care
- $70,400
Lender Information
- Servicing Lender
- First State Bank
- Originating Lender
- First State Bank
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