PPP Loan information for Mercorp ltd

$58,965

Mercorp ltd was initially approved for PPP Loan of amount $58,965, the current approved amount is $58,965. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 3 jobs and $58,965 was used to fund payroll.

Mercorp ltd is New Business or 2 years or less

MERCORP LTD

Date Approved

05/01/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

MERCORP LTD

Borrower Address

10203 HOPKINS PL

Borrower City

ANDERSON ISLAND

Borrower State

WA

Borrower Zip

98303-8679

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58965.00

Current Approval Amount

58965.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

ANDERSON ISLAND

Project County Name

PIERCE

Project State

WA

Project Zip

98303-8679

CD

WA-10

Jobs Reported

3

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

58965.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

59338.18

Forgiveness Date

12/22/2020

;