Funding Details

ID: 171504

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Funder Information
Funder Name
MERIT BUSINESS
Date Funded
2025-02-06
Amount Funded
$115,200.00
Financing Type
Cash Advance
Renewal
No
Created At
2026-01-30 20:01:57
Modified At
2026-01-30 20:01:57
Occurrence Count
1 times
Analytics Sources
206640
Account Information
Account Name
M & Q STEEL CORP .
Account ID
001Nt00000PV0yJIAT
Industry
Construction
Location
BROOKLYN, NY
Payment Details
Term (Days)
224
Payment Frequency
Weekly
Daily Payment
$720.00
Actual Payment
$720.00 (Weekly)
First Payment
2025-02-12
Last Payment
2025-02-26
Transaction Count
3
Transaction Amount
$-10,800.00
First Bank Statement
2024-11-01
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 (4)
# Date Amount Description Analytics Sources Occurrences Match Reason
1 2025-02-06 $115,200.00 Orig CO Name:Merit Business Orig ID:1352685156 Desc Date: CO Entry Descr:Funding Sec:CCD Trace#:031918823835622 Eed:250206 Ind ID: Ind Name:M & Q Steel Corp Trn: 0373835622Tc 206640 1 funding_deposit
2 2025-02-12 $-3,600.00 Orig CO Name:Merit Business Orig ID:9352685156 Desc Date: CO Entry Descr:8663279199Sec:CCD Trace#:091408598046967 Eed:250212 Ind ID:123363940 Ind Name:M Q Steel Corp Trn: 0438046967Tc 206640 1 direct_match
3 2025-02-19 $-3,600.00 Orig CO Name:Merit Business Orig ID:9352685156 Desc Date: CO Entry Descr:8663279199Sec:CCD Trace#:091408592717375 Eed:250219 Ind ID:123596736 Ind Name:M Q Steel Corp Trn: 0502717375Tc 206640 1 direct_match
4 2025-02-26 $-3,600.00 Orig CO Name:Merit Business Orig ID:9352685156 Desc Date: CO Entry Descr:8663279199Sec:CCD Trace#:091408595001609 Eed:250226 Ind ID:123855671 Ind Name:M Q Steel Corp Trn: 0575001609Tc 206640 1 direct_match
Total $-10,800.00 4 transactions