PPP Loan information for Mercury tool & machine, inc

$250,000

Mercury tool & machine, inc was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 04/28/2020 by The Central National Bank reported 28 jobs and $250,000 was used to fund payroll.

Mercury tool & machine, inc is Unanswered

MERCURY TOOL & MACHINE, INC

Date Approved

04/28/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

MERCURY TOOL & MACHINE, INC

Borrower Address

7420 KARL MAY DR

Borrower City

WACO

Borrower State

TX

Borrower Zip

76708-5533

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72074

Servicing Lender Name

Central National Bank

Servicing Lender Address

8320 W Hwy 84

Servicing Lender City

WACO

Servicing Lender State

TX

Servicing Lender Zip

76712-3601

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

WACO

Project County Name

MCLENNAN

Project State

TX

Project Zip

76708-5533

CD

TX-17

Jobs Reported

28

NAICS Code

332322

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

200000.00

Mortgage Interest Proceed

30000.00

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

72074

Originating Lender

Central National Bank

Originating Lender City

WACO

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

251972.60

Forgiveness Date

02/17/2021

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