PPP Loan information for Mercata inc.

$27,800

Mercata inc. was initially approved for PPP Loan of amount $27,800, the current approved amount is $27,800. The loan was approved on 04/14/2020 by The First State Bank reported 9 jobs and $27,800 was used to fund payroll.

Mercata inc. is Existing or more than 2 years old

PPP Loan Search / MI / Warren / Mercata inc.

MERCATA INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MERCATA INC.

Borrower Address

32836 Ryan Road

Borrower City

Warren

Borrower State

MI

Borrower Zip

48092-4350

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27800.00

Current Approval Amount

27800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34492

Servicing Lender Name

First State Bank

Servicing Lender Address

16100 E Nine Mile Rd

Servicing Lender City

EASTPOINTE

Servicing Lender State

MI

Servicing Lender Zip

48021-2321

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Warren

Project County Name

MACOMB

Project State

MI

Project Zip

48092-4350

CD

MI-10

Jobs Reported

9

NAICS Code

445299

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

27800.00

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

34492

Originating Lender

First State Bank

Originating Lender City

EASTPOINTE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

28065.81

Forgiveness Date

04/08/2021

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