Merrimac/timberlake, LLC

$237,400 PPP Loan in Black Mountain, North Carolina

Loan Details

Loan Number
8818807001
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$237,400
Current Approval
$237,400
Forgiveness Amount
$239,130
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Merrimac/timberlake, LLC
Address
1123 Montreat Road
ZIP Code
28711-3231
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721214)
Business Age
New Business or 2 years or less
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NC-11

Loan Use Breakdown

Payroll
$237,400

Lender Information

Servicing Lender
First-Citizens Bank & Trust Company
Originating Lender
First-Citizens Bank & Trust Company

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