PPP Loan information for Mercon coffee corporation

$393,800

Mercon coffee corporation was initially approved for PPP Loan of amount $393,800, the current approved amount is $393,800. The loan was approved on 04/27/2020 by The Amerant Bank, National Association reported 22 jobs and $393,800 was used to fund payroll.

Mercon coffee corporation is Existing or more than 2 years old

MERCON COFFEE CORPORATION

Date Approved

04/27/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

MERCON COFFEE CORPORATION

Borrower Address

2333 PONCE DE LEON BLVD

Borrower City

CORAL GABLES

Borrower State

FL

Borrower Zip

33134-5422

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

393800.00

Current Approval Amount

393800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

17356

Servicing Lender Name

Amerant Bank, National Association

Servicing Lender Address

220 Alhambra Circle

Servicing Lender City

CORAL GABLES

Servicing Lender State

FL

Servicing Lender Zip

33134-5174

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CORAL GABLES

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33134-5422

CD

FL-27

Jobs Reported

22

NAICS Code

424490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

33800.00

Payroll Proceed

300000.00

Mortgage Interest Proceed

0.00

Rent Proceed

60000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

17356

Originating Lender

Amerant Bank, National Association

Originating Lender City

CORAL GABLES

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

396808.19

Forgiveness Date

02/04/2021

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