As part of the Paycheck Protection Program MERCHANT BANK LLC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

MERCHANT BANK LLC


Loan Amount	$937,165
BusinessName	MERCHANT BANK LLC
Address	172 MONMOUTH ST, 1ST FLOOR
City	RED BANK
State	NJ
Zip	7701
NAICSCode	522320
BusinessType	Limited Liability Company(LLC)
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	0
DateApproved	04/28/2020
Lender	Signature Bank
CD	NJ-04
BusinessName.clean	MERCHANT BANK

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

MERCHANT INVESTMENTS
MERCHANT ONE
MERCHANTS AMP MEDICAL CREDIT
MERCHANTS CREDIT
MERCHANTS FORCE