PPP Loan information for Mercury displacement industries inc

$280,000

Mercury displacement industries inc was initially approved for PPP Loan of amount $280,000, the current approved amount is $280,000. The loan was approved on 02/17/2021 by The JPMorgan Chase Bank, National Association reported 35 jobs and $280,000 was used to fund payroll.

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

MERCURY DISPLACEMENT INDUSTRIES INC

Date Approved

02/17/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MERCURY DISPLACEMENT INDUSTRIES INC

Borrower Address

25028 US 12 E

Borrower City

EDWARDSBURG

Borrower State

MI

Borrower Zip

49112

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

280000.00

Current Approval Amount

280000.00

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

R

Hubzone Indicator

Y

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

CD

MI-06

Jobs Reported

35

NAICS Code

333318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

280000.00

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

281844.58

Forgiveness Date

10/19/2021

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