Funding Details

ID: 169540

Funder Information
Funder Name
MERIT BUSINESS
Date Funded
2025-01-29
Amount Funded
$38,400.00
Financing Type
Cash Advance
Renewal
Yes - Renewal
Renewal detected: New funding on 2025-01-29 occurred 29 days after previous funding's last payment on 2024-12-31
Created At
2026-01-30 19:55:59
Modified At
2026-01-30 19:55:59
Occurrence Count
1 times
Analytics Sources
202939
Account Information
Account Name
Mikalelajoe LLC
Account ID
001Nt00000PJgI8IAL
Industry
Restaurant
Location
CAPE CORAL, FL
Payment Details
Term (Days)
188
Payment Frequency
Weekly
Daily Payment
$285.40
Actual Payment
$285.40 (Weekly)
First Payment
2025-02-05
Last Payment
2025-02-26
Transaction Count
4
Transaction Amount
$-5,708.00
First Bank Statement
2024-11-30
Last Bank Statement
2025-02-28
Analysis
Factor Rate
N/A
Payoff Status
N/A
Expected Payoff
N/A
Full Visibility
N/A
Payment Variance
N/A
Note: Restructure status is based on withdrawals, not payment variance
Transactions (5)
# Date Amount Description Analytics Sources Occurrences Match Reason
1 2025-01-29 $38,400.00 Orig CO Name:Merit Business Orig ID:1352685156 Desc Date: CO Entry Descr:Funding Sec:CCD Trace#:031918828991187 Eed:250129 Ind ID: Ind Name:Mikaelajoe LLC Trn: 0298991187Tc 202939 1 funding_deposit
2 2025-02-05 $-1,427.00 Payment to MERIT BUSINESS 202939 1 direct_match
3 2025-02-12 $-1,427.00 Payment to MERIT BUSINESS 202939 1 direct_match
4 2025-02-19 $-1,427.00 Payment to MERIT BUSINESS 202939 1 direct_match
5 2025-02-26 $-1,427.00 Payment to MERIT BUSINESS 202939 1 direct_match
Total $-5,708.00 5 transactions