Merritt Hospitality, LLC

$5,392,500 PPP Loan in Norwalk, Connecticut

Loan Details

Loan Number
8696947107
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$5,392,500
Current Approval
$5,392,500
Forgiveness Amount
$2,746,070
Forgiveness Date
Aug 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Merritt Hospitality, LLC
Address
101 Merritt 7 Corp Park, 1st Floor 0.0
ZIP Code
06851-1060
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
316
Estimated Revenue
$98.8M
Rural/Urban
Urban
Congressional District
CT-04

Loan Use Breakdown

Payroll
$4,044,375
Rent
$508,425
Utilities
$28,600
Health Care
$811,100

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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