PPP Loan information for Mercadal's construction inc.

$120,956

Mercadal's construction inc. was initially approved for PPP Loan of amount $120,956, the current approved amount is $120,956. The loan was approved on 04/13/2020 by The The Bank of Clovis reported 21 jobs and $120,956 was used to fund payroll.

Mercadal's construction inc. is New Business or 2 years or less

MERCADAL'S CONSTRUCTION INC.

Date Approved

04/13/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

MERCADAL'S CONSTRUCTION INC.

Borrower Address

1251 CR 9

Borrower City

CLOVIS

Borrower State

NM

Borrower Zip

88101-1004

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

120956.16

Current Approval Amount

120956.16

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203012

Servicing Lender Name

The Bank of Clovis

Servicing Lender Address

300 N Main St

Servicing Lender City

CLOVIS

Servicing Lender State

NM

Servicing Lender Zip

88101-7555

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CLOVIS

Project County Name

CURRY

Project State

NM

Project Zip

88101-1004

CD

NM-03

Jobs Reported

21

NAICS Code

238110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12095.62

Payroll Proceed

96764.92

Mortgage Interest Proceed

12095.62

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

203012

Originating Lender

The Bank of Clovis

Originating Lender City

CLOVIS

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

121807.82

Forgiveness Date

01/07/2021

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