PPP Loan information for Mercy house inc

$149,900

Mercy house inc was initially approved for PPP Loan of amount $149,900, the current approved amount is $149,900. The loan was approved on 04/14/2020 by The Summit Community Bank, Inc. reported 28 jobs and $149,900 was used to fund payroll.

Mercy house inc is Existing or more than 2 years old

MERCY HOUSE INC

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MERCY HOUSE INC

Borrower Address

305 N HIGH ST

Borrower City

HARRISONBURG

Borrower State

VA

Borrower Zip

22802-3911

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

149900.00

Current Approval Amount

149900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HARRISONBURG

Project County Name

HARRISONBURG CITY

Project State

VA

Project Zip

22802-3911

CD

VA-06

Jobs Reported

28

NAICS Code

624229

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9900.00

Payroll Proceed

120000.00

Mortgage Interest Proceed

20000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

150774.42

Forgiveness Date

11/17/2020

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