PPP Loan information for Mercury displacement industries inc

$292,040

Mercury displacement industries inc was initially approved for PPP Loan of amount $292,040, the current approved amount is $292,040. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 35 jobs and $292,040 was used to fund payroll.

Mercury displacement industries inc is Existing or more than 2 years old

PPP Loan Search / MI / EDWARDSBURG / Mercury displacement industries inc

MERCURY DISPLACEMENT INDUSTRIES INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MERCURY DISPLACEMENT INDUSTRIES INC

Borrower Address

25028 US 12 E

Borrower City

EDWARDSBURG

Borrower State

MI

Borrower Zip

49112

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

292040.00

Current Approval Amount

292040.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EDWARDSBURG

Project County Name

CASS

Project State

MI

Project Zip

49112-0001

CD

MI-06

Jobs Reported

35

NAICS Code

335314

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

292040.00

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

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

294178.54

Forgiveness Date

01/26/2021

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