PPP Loan information for Mering holdings

$1,573,731

Mering holdings was initially approved for PPP Loan of amount $1,573,731, the current approved amount is $1,573,731. The loan was approved on 04/07/2020 by The River City Bank reported 73 jobs and $1,573,731 was used to fund payroll.

Mering holdings is Existing or more than 2 years old

MERING HOLDINGS

Date Approved

04/07/2020

SBA Office Code

0931

Processing Method

PPP

Borrower Name

MERING HOLDINGS

Borrower Address

1700 I Street, 2nd Floor

Borrower City

SACRAMENTO

Borrower State

CA

Borrower Zip

95811-3020

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1573731.00

Current Approval Amount

1573731.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5226

Servicing Lender Name

River City Bank

Servicing Lender Address

2485 Natomas Park Dr

Servicing Lender City

SACRAMENTO

Servicing Lender State

CA

Servicing Lender Zip

95833-2937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SACRAMENTO

Project County Name

SACRAMENTO

Project State

CA

Project Zip

95811-3020

CD

CA-07

Jobs Reported

73

NAICS Code

541810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1573731.00

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

Cooperative

Originating Lender Location Id

5226

Originating Lender

River City Bank

Originating Lender City

SACRAMENTO

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1583173.39

Forgiveness Date

11/23/2020

;