PPP Loan information for Merc usa inc

$78,285

Merc usa inc was initially approved for PPP Loan of amount $78,285, the current approved amount is $78,285. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 10 jobs and $78,285 was used to fund payroll.

Merc usa inc is New Business or 2 years or less

MERC USA INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MERC USA INC

Borrower Address

41 NEWMAN ST

Borrower City

HACKENSACK

Borrower State

NJ

Borrower Zip

07601-3324

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78285.00

Current Approval Amount

78285.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

HACKENSACK

Project County Name

BERGEN

Project State

NJ

Project Zip

07601-3324

CD

NJ-05

Jobs Reported

10

NAICS Code

424320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

78285.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

79132.19

Forgiveness Date

06/04/2021

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