PPP Loan information for El mercado inc

$184,437

El mercado inc was initially approved for PPP Loan of amount $184,437, the current approved amount is $184,437. The loan was approved on 04/09/2020 by The First Horizon Bank reported 18 jobs and $184,437 was used to fund payroll.

El mercado inc is Existing or more than 2 years old

EL MERCADO INC

Date Approved

04/09/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

EL MERCADO INC

Borrower Address

1930 E MOUNTAIN RD

Borrower City

SPRINGDALE

Borrower State

AR

Borrower Zip

72764-3626

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

184437.00

Current Approval Amount

184437.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPRINGDALE

Project County Name

WASHINGTON

Project State

AR

Project Zip

72764-3626

CD

AR-03

Jobs Reported

18

NAICS Code

722310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

184437.00

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

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

186429.94

Forgiveness Date

05/13/2021

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