PPP Loan information for The mercury machine company

$1,623,935

The mercury machine company was initially approved for PPP Loan of amount $1,623,935, the current approved amount is $1,623,935. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 79 jobs and $1,623,935 was used to fund payroll.

The mercury machine company is Existing or more than 2 years old

THE MERCURY MACHINE COMPANY

Date Approved

05/01/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

THE MERCURY MACHINE COMPANY

Borrower Address

30250 CARTER ST

Borrower City

SOLON

Borrower State

OH

Borrower Zip

44139

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1623935.00

Current Approval Amount

1623935.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOLON

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44139-0001

CD

OH-07

Jobs Reported

79

NAICS Code

331512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1138156.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

485779.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1635561.47

Forgiveness Date

01/20/2021

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