Date Approved
05/11/2020
SBA Office Code
0353
Processing Method
PPP
Borrower Name
MERC CONSTRUCTION, INC.
Borrower Address
8488 TERMINAL RD
Borrower City
LORTON
Borrower State
VA
Borrower Zip
22079-1424
Loan Status Date
04/10/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
398900.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
227387
Servicing Lender Name
The Freedom Bank of Virginia
Servicing Lender Address
10555 Main St, Ste 600
Servicing Lender City
FAIRFAX
Servicing Lender State
Servicing Lender Zip
22030-3309
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
Project State
Project Zip
CD
VA-11
Jobs Reported
27
NAICS Code
238310
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
402057.96
Forgiveness Date
02/23/2021