Date Approved
04/28/2020
SBA Office Code
0470
Processing Method
PPP
Borrower Name
MERCER O.S. 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
65285.00
Current Approval Amount
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
Servicing Lender Zip
39402
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
HARRISON
Project State
Project Zip
CD
MS-04
Jobs Reported
22
NAICS Code
722513
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
3400.00
Payroll Proceed
51885.00
Mortgage Interest Proceed
Rent Proceed
10000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
65945.10
Forgiveness Date
04/29/2021