PPP Loan information for Mercury wire products inc.

$1,291,665

Mercury wire products inc. was initially approved for PPP Loan of amount $1,291,665, the current approved amount is $1,291,665. The loan was approved on 01/20/2021 by The Cornerstone Bank reported 100 jobs and $1,291,665 was used to fund payroll.

Mercury wire products inc. is Existing or more than 2 years old

PPP Loan Search / MA / Spencer / Mercury wire products inc.

MERCURY WIRE PRODUCTS INC.

Date Approved

01/20/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MERCURY WIRE PRODUCTS INC.

Borrower Address

1 Mercury Dr

Borrower City

Spencer

Borrower State

MA

Borrower Zip

01562-1916

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1291665.00

Current Approval Amount

1291665.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33352

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

230 Park Ave

Servicing Lender City

WORCESTER

Servicing Lender State

MA

Servicing Lender Zip

01609-1918

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Spencer

Project County Name

WORCESTER

Project State

MA

Project Zip

01562-1916

CD

MA-01

Jobs Reported

100

NAICS Code

335929

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1291661.00

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

33352

Originating Lender

Cornerstone Bank

Originating Lender City

WORCESTER

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1298697.40

Forgiveness Date

08/11/2021

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