PPP Loan information for Mercer coating & lining co inc

$125,503

Mercer coating & lining co inc was initially approved for PPP Loan of amount $125,503, the current approved amount is $125,503. The loan was approved on 03/16/2021 by The Santander Bank, National Association reported 11 jobs and $125,503 was used to fund payroll.

Mercer coating & lining co inc is Existing or more than 2 years old

PPP Loan Search / NJ / Linden / Mercer coating & lining co inc

MERCER COATING & LINING CO INC

Date Approved

03/16/2021

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MERCER COATING & LINING CO INC

Borrower Address

1410 E Linden Ave

Borrower City

Linden

Borrower State

NJ

Borrower Zip

07036-1506

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

125502.88

Current Approval Amount

125502.88

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Linden

Project County Name

UNION

Project State

NJ

Project Zip

07036-1506

CD

NJ-10

Jobs Reported

11

NAICS Code

237120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

125499.88

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

Subchapter S Corporation

Originating Lender Location Id

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

125929.25

Forgiveness Date

07/20/2021

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