PPP Loan information for Merc construction, inc.

$398,900

Merc construction, inc. was initially approved for PPP Loan of amount $398,900, the current approved amount is $398,900. The loan was approved on 05/11/2020 by The The Freedom Bank of Virginia reported 27 jobs and $398,900 was used to fund payroll.

Merc construction, inc. is Unanswered

MERC CONSTRUCTION, INC.

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

398900.00

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

VA

Servicing Lender Zip

22030-3309

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

LORTON

Project County Name

FAIRFAX

Project State

VA

Project Zip

22079-1424

CD

VA-11

Jobs Reported

27

NAICS Code

238310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

398900.00

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

227387

Originating Lender

The Freedom Bank of Virginia

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

402057.96

Forgiveness Date

02/23/2021

;