PPP Loan information for Mercantile technology inc

$115,980

Mercantile technology inc was initially approved for PPP Loan of amount $115,980, the current approved amount is $115,980. The loan was approved on 02/08/2021 by The Loan Source Incorporated reported 6 jobs and $115,980 was used to fund payroll.

Mercantile technology inc is Existing or more than 2 years old

PPP Loan Search / NJ / Trenton / Mercantile technology inc

MERCANTILE TECHNOLOGY INC

Date Approved

02/08/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MERCANTILE TECHNOLOGY INC

Borrower Address

242 Route 156

Borrower City

Trenton

Borrower State

NJ

Borrower Zip

08620-1724

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

115980.00

Current Approval Amount

115980.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Trenton

Project County Name

MERCER

Project State

NJ

Project Zip

08620-1724

CD

NJ-03

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

115975.00

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

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

116793.45

Forgiveness Date

10/25/2021

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