PPP Loan information for Mercer's restaurants, inc.

$158,215

Mercer's restaurants, inc. was initially approved for PPP Loan of amount $158,215, the current approved amount is $158,215. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 27 jobs and $158,215 was used to fund payroll.

Mercer's restaurants, inc. is Existing or more than 2 years old

PPP Loan Search / AZ / PEORIA / Mercer's restaurants, inc.

MERCER'S RESTAURANTS, INC.

Date Approved

05/01/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

MERCER'S RESTAURANTS, INC.

Borrower Address

9720 W PEORIA AVE STE 101

Borrower City

PEORIA

Borrower State

AZ

Borrower Zip

85345

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

158215.00

Current Approval Amount

158215.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PEORIA

Project County Name

MARICOPA

Project State

AZ

Project Zip

85345-0001

CD

AZ-08

Jobs Reported

27

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12278.00

Payroll Proceed

126572.00

Mortgage Interest Proceed

0.00

Rent Proceed

12348.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7017.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

159782.73

Forgiveness Date

05/03/2021

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