PPP Loan information for Mercer wholesale company inc

$127,700

Mercer wholesale company inc was initially approved for PPP Loan of amount $127,700, the current approved amount is $127,700. The loan was approved on 04/15/2020 by The Summit Community Bank, Inc. reported 14 jobs and $127,700 was used to fund payroll.

Mercer wholesale company inc is Existing or more than 2 years old

PPP Loan Search / WV / BLUEFIELD / Mercer wholesale company inc

MERCER WHOLESALE COMPANY INC

Date Approved

04/15/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

MERCER WHOLESALE COMPANY INC

Borrower Address

2812 GRASSY BRANCH RD

Borrower City

BLUEFIELD

Borrower State

WV

Borrower Zip

24701-5141

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

127700.00

Current Approval Amount

127700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLUEFIELD

Project County Name

MERCER

Project State

WV

Project Zip

24701-5141

CD

WV-01

Jobs Reported

14

NAICS Code

424810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5700.00

Payroll Proceed

102000.00

Mortgage Interest Proceed

20000.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

128643.56

Forgiveness Date

01/14/2021

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