PPP Loan information for Mercantile capital corporation

$44,732

Mercantile capital corporation was initially approved for PPP Loan of amount $44,732, the current approved amount is $44,732. The loan was approved on 02/25/2021 by The First Hawaiian Bank reported 10 jobs and $44,732 was used to fund payroll.

Mercantile capital corporation is Existing or more than 2 years old

MERCANTILE CAPITAL CORPORATION

Date Approved

02/25/2021

SBA Office Code

0951

Processing Method

PPP

Borrower Name

MERCANTILE CAPITAL CORPORATION

Borrower Address

Chalan Pale Arnold Road Gualo Rai

Borrower City

Saipan

Borrower State

MP

Borrower Zip

96950

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

44732.00

Current Approval Amount

44732.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20088

Servicing Lender Name

First Hawaiian Bank

Servicing Lender Address

999 Bishop St

Servicing Lender City

HONOLULU

Servicing Lender State

HI

Servicing Lender Zip

96813-4423

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saipan

Project County Name

Saipan

Project State

MP

Project Zip

96950

CD

MP-

Jobs Reported

10

NAICS Code

445110

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

44729.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

20088

Originating Lender

First Hawaiian Bank

Originating Lender City

HONOLULU

Originating Lender State

HI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

44940.75

Forgiveness Date

08/17/2021

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