PPP Loan information for Mercasol, inc.

$93,500

Mercasol, inc. was initially approved for PPP Loan of amount $93,500, the current approved amount is $93,500. The loan was approved on 04/08/2020 by The Central Bank reported 28 jobs and $93,500 was used to fund payroll.

Mercasol, inc. is Existing or more than 2 years old

MERCASOL, INC.

Date Approved

04/08/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

MERCASOL, INC.

Borrower Address

101 N 100 W

Borrower City

PAYSON

Borrower State

UT

Borrower Zip

84651-1801

Loan Status Date

11/07/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

93500.00

Current Approval Amount

93500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72790

Servicing Lender Name

Central Bank

Servicing Lender Address

75 N University Ave

Servicing Lender City

PROVO

Servicing Lender State

UT

Servicing Lender Zip

84601-4429

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PAYSON

Project County Name

UTAH

Project State

UT

Project Zip

84651-1801

CD

UT-04

Jobs Reported

28

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

93500.00

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

72790

Originating Lender

Central Bank

Originating Lender City

PROVO

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

94002.08

Forgiveness Date

10/29/2020

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