PPP Loan information for Merc enterprises inc

$35,150

Merc enterprises inc was initially approved for PPP Loan of amount $35,150, the current approved amount is $35,150. The loan was approved on 02/02/2021 by The Sandy Spring Bank reported 5 jobs and $35,150 was used to fund payroll.

Merc enterprises inc is Existing or more than 2 years old

PPP Loan Search / MD / Olney / Merc enterprises inc

MERC ENTERPRISES INC

Date Approved

02/02/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

MERC ENTERPRISES INC

Borrower Address

18316 Village Center Dr

Borrower City

Olney

Borrower State

MD

Borrower Zip

20832-1417

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

35150.00

Current Approval Amount

35150.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Olney

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20832-1417

CD

MD-08

Jobs Reported

5

NAICS Code

445310

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

35148.00

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

Corporation

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

35422.53

Forgiveness Date

11/16/2021

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