PPP Loan information for Michael mercer

$20,800

Michael mercer was initially approved for PPP Loan of amount $20,800, the current approved amount is $20,800. The loan was approved on 02/03/2021 by The The North Salem State Bank reported 1 jobs and $20,800 was used to fund payroll.

Michael mercer is Existing or more than 2 years old

MICHAEL MERCER

Date Approved

02/03/2021

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MICHAEL MERCER

Borrower Address

10677 E State Road 234

Borrower City

New Ross

Borrower State

IN

Borrower Zip

47968-8025

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20800.00

Current Approval Amount

20800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24090

Servicing Lender Name

The North Salem State Bank

Servicing Lender Address

7 N Broadway St

Servicing Lender City

NORTH SALEM

Servicing Lender State

IN

Servicing Lender Zip

46165

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Ross

Project County Name

MONTGOMERY

Project State

IN

Project Zip

47968-8025

CD

IN-04

Jobs Reported

1

NAICS Code

111191

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20797.00

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

Sole Proprietorship

Originating Lender Location Id

24090

Originating Lender

The North Salem State Bank

Originating Lender City

NORTH SALEM

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20929.93

Forgiveness Date

09/28/2021

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