PPP Loan information for Mercy transportation inc.

$500,000

Mercy transportation inc. was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 04/11/2020 by The Unity Bank reported 95 jobs and $500,000 was used to fund payroll.

Mercy transportation inc. is Existing or more than 2 years old

MERCY TRANSPORTATION INC.

Date Approved

04/11/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MERCY TRANSPORTATION INC.

Borrower Address

13 Major Road

Borrower City

MONMOUTH JUNCTION

Borrower State

NJ

Borrower Zip

08852-2304

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117644

Servicing Lender Name

Unity Bank

Servicing Lender Address

64 Old Hwy 22

Servicing Lender City

CLINTON

Servicing Lender State

NJ

Servicing Lender Zip

08809-1305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONMOUTH JUNCTION

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08852-2304

CD

NJ-12

Jobs Reported

95

NAICS Code

485410

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

41600.00

Payroll Proceed

375000.00

Mortgage Interest Proceed

41800.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

41600

Business Type

Corporation

Originating Lender Location Id

117644

Originating Lender

Unity Bank

Originating Lender City

CLINTON

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

507680.56

Forgiveness Date

11/04/2021

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