PPP Loan information for Mercatalyst, inc.

$1,063,499

Mercatalyst, inc. was initially approved for PPP Loan of amount $1,063,499, the current approved amount is $1,063,499. The loan was approved on 04/11/2020 by The Texas Capital Bank reported 68 jobs and $1,063,499 was used to fund payroll.

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

PPP Loan Search / TX / Carrollton / Mercatalyst, inc.

MERCATALYST, INC.

Date Approved

04/11/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

MERCATALYST, INC.

Borrower Address

4717 Plano Pkwy.

Borrower City

Carrollton

Borrower State

TX

Borrower Zip

75010-4903

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1063498.62

Current Approval Amount

1063499.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121598

Servicing Lender Name

Texas Capital Bank

Servicing Lender Address

2000 McKinney Ave, Ste 700

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-1985

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Carrollton

Project County Name

DENTON

Project State

TX

Project Zip

75010-4903

CD

TX-26

Jobs Reported

68

NAICS Code

423990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4523.60

Payroll Proceed

989960.38

Mortgage Interest Proceed

0.00

Rent Proceed

69015.02

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

121598

Originating Lender

Texas Capital Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1060224.08

Forgiveness Date

12/09/2020

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