Date Approved
04/30/2020
SBA Office Code
0353
Processing Method
PPP
Borrower Name
MERC ENTERPRISES INCORPORATED
Borrower Address
18312 Village Center Drive
Borrower City
OLNEY
Borrower State
MD
Borrower Zip
20832-1417
Loan Status Date
10/15/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
35150.00
Current Approval Amount
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
Servicing Lender State
Servicing Lender Zip
20832-2233
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
MONTGOMERY
Project State
Project Zip
CD
MD-08
Jobs Reported
8
NAICS Code
445310
Race
Ethnicity
Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
35622.84
Forgiveness Date
09/10/2021