PPP Loan information for Mercier electrical and mechanical, inc

$247,800

Mercier electrical and mechanical, inc was initially approved for PPP Loan of amount $247,800, the current approved amount is $247,800. The loan was approved on 04/14/2020 by The Renasant Bank reported 16 jobs and $247,800 was used to fund payroll.

Mercier electrical and mechanical, inc is Existing or more than 2 years old

MERCIER ELECTRICAL AND MECHANICAL, INC

Date Approved

04/14/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MERCIER ELECTRICAL AND MECHANICAL, INC

Borrower Address

115 MAYHEW ST

Borrower City

WEST POINT

Borrower State

MS

Borrower Zip

39773-7962

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

247800.00

Current Approval Amount

247800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40010

Servicing Lender Name

Renasant Bank

Servicing Lender Address

209 Troy St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4827

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WEST POINT

Project County Name

CLAY

Project State

MS

Project Zip

39773-7962

CD

MS-01

Jobs Reported

16

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

247800.00

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

Sole Proprietorship

Originating Lender Location Id

40010

Originating Lender

Renasant Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

250395.02

Forgiveness Date

05/18/2021

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