PPP Loan information for El mercado inc

$140,047

El mercado inc was initially approved for PPP Loan of amount $140,047, the current approved amount is $140,047. The loan was approved on 03/20/2021 by The Bay State Savings Bank reported 19 jobs and $140,047 was used to fund payroll.

El mercado inc is Existing or more than 2 years old

EL MERCADO INC

Date Approved

03/20/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

EL MERCADO INC

Borrower Address

700 Main St

Borrower City

Holden

Borrower State

MA

Borrower Zip

01520-1858

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

140047.04

Current Approval Amount

140047.04

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33497

Servicing Lender Name

Bay State Savings Bank

Servicing Lender Address

28-32 Franklin St

Servicing Lender City

Worcester

Servicing Lender State

MA

Servicing Lender Zip

01608

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Holden

Project County Name

WORCESTER

Project State

MA

Project Zip

01520-1858

CD

MA-02

Jobs Reported

19

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

140042.04

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

33497

Originating Lender

Bay State Savings Bank

Originating Lender City

Worcester

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

141412.50

Forgiveness Date

03/17/2022

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