PPP Loan information for Mercado consultants, inc.

$1,019,013

Mercado consultants, inc. was initially approved for PPP Loan of amount $1,019,013, the current approved amount is $1,019,013. The loan was approved on 04/13/2020 by The Sandy Spring Bank reported 68 jobs and $1,019,013 was used to fund payroll.

Mercado consultants, inc. is Existing or more than 2 years old

PPP Loan Search / MD / ASHTON / Mercado consultants, inc.

MERCADO CONSULTANTS, INC.

Date Approved

04/13/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

MERCADO CONSULTANTS, INC.

Borrower Address

17830 New Hampshire Avenue, Suite 200

Borrower City

ASHTON

Borrower State

MD

Borrower Zip

20861-3629

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1019013.00

Current Approval Amount

1019013.00

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

ASHTON

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20861-3629

CD

MD-08

Jobs Reported

68

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

254753.25

Payroll Proceed

764259.75

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1026690.50

Forgiveness Date

01/25/2021

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