PPP Loan information for Mainstream merchant services inc

$1,192,500

Mainstream merchant services inc was initially approved for PPP Loan of amount $1,192,500, the current approved amount is $1,192,500. The loan was approved on 04/27/2020 by The Georgia's Own Credit Union reported 180 jobs and $1,192,500 was used to fund payroll.

Mainstream merchant services inc is Existing or more than 2 years old

PPP Loan Search / GA / ALPHARETTA / Mainstream merchant services inc

MAINSTREAM MERCHANT SERVICES INC

Date Approved

04/27/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MAINSTREAM MERCHANT SERVICES INC

Borrower Address

1000 MANSELL EXCHANGE

Borrower City

ALPHARETTA

Borrower State

GA

Borrower Zip

30022-8204

Loan Status Date

04/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1192500.00

Current Approval Amount

1192500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

95003

Servicing Lender Name

Georgia's Own Credit Union

Servicing Lender Address

100 Peachtree St, Ste 2800

Servicing Lender City

Atlanta

Servicing Lender State

GA

Servicing Lender Zip

30303-1166

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALPHARETTA

Project County Name

FULTON

Project State

GA

Project Zip

30022-8204

CD

GA-06

Jobs Reported

180

NAICS Code

522320

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

149062.00

Payroll Proceed

894375.00

Mortgage Interest Proceed

149063.00

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

448440

Originating Lender

Vinings Bank

Originating Lender City

SMYRNA

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1051812.09

Forgiveness Date

12/28/2021

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