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Merritt #1, INC

$684,648 PPP Loan in Salem, Oregon

Loan Details

Loan Number
9615927203
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$684,648
Current Approval
$684,648
Forgiveness Amount
$688,850
Forgiveness Date
Dec 15, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Merritt #1, INC
Address
4035 Cypress Ave
City
Salem
State
Oregon
ZIP Code
97301
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (447110)
Business Age
Existing or more than 2 years old
Jobs Reported
140
Estimated Revenue
$46.8M
Rural/Urban
Urban
Congressional District
OR-06

Loan Use Breakdown

Payroll
$684,648

Lender Information

Servicing Lender
U.s. Bank, National Association
Originating Lender
U.s. Bank, National Association

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