PPP Loan information for Mercury hotels inc

$815,148

Mercury hotels inc was initially approved for PPP Loan of amount $815,148, the current approved amount is $815,148. The loan was approved on 01/27/2021 by The Bank of Hope reported 47 jobs and $815,148 was used to fund payroll.

Mercury hotels inc is Existing or more than 2 years old

PPP Loan Search / CA / Oakland / Mercury hotels inc

MERCURY HOTELS INC

Date Approved

01/27/2021

SBA Office Code

0912

Processing Method

PPS

Borrower Name

MERCURY HOTELS INC

Borrower Address

77 Hegenberger Rd

Borrower City

Oakland

Borrower State

CA

Borrower Zip

94621-1405

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

815148.00

Current Approval Amount

815148.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

110359

Servicing Lender Name

Bank of Hope

Servicing Lender Address

3200 Wilshire Blvd 1st Fl

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90010

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Oakland

Project County Name

ALAMEDA

Project State

CA

Project Zip

94621-1405

CD

CA-12

Jobs Reported

47

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

815143.00

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

110359

Originating Lender

Bank of Hope

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

821244.86

Forgiveness Date

11/08/2021

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