PPP Loan information for Mercer gulf coast, inc.

$87,717

Mercer gulf coast, inc. was initially approved for PPP Loan of amount $87,717, the current approved amount is $87,717. The loan was approved on 04/28/2020 by The The First Bank reported 26 jobs and $87,717 was used to fund payroll.

Mercer gulf coast, inc. is Existing or more than 2 years old

PPP Loan Search / MS / BILOXI / Mercer gulf coast, inc.

MERCER GULF COAST, INC.

Date Approved

04/28/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MERCER GULF COAST, INC.

Borrower Address

2606 BAY POINTE DR

Borrower City

BILOXI

Borrower State

MS

Borrower Zip

39531-2757

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87717.00

Current Approval Amount

87717.00

Undisbursed Amount

0.00

Franchise Name

Taco Sombrero

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BILOXI

Project County Name

HARRISON

Project State

MS

Project Zip

39531-2757

CD

MS-04

Jobs Reported

26

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4000.00

Payroll Proceed

74717.00

Mortgage Interest Proceed

0.00

Rent Proceed

9000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88601.48

Forgiveness Date

04/28/2021

;