PPP Loan information for Merc 423 inc.

$13,070

Merc 423 inc. was initially approved for PPP Loan of amount $13,070, the current approved amount is $13,070. The loan was approved on 03/18/2021 by The The First Bank and Trust Company reported 11 jobs and $13,070 was used to fund payroll.

Merc 423 inc. is Existing or more than 2 years old

MERC 423 INC.

Date Approved

03/18/2021

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MERC 423 INC.

Borrower Address

4256 Old Jonesboro Rd

Borrower City

Bristol

Borrower State

TN

Borrower Zip

37620-5343

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

13070.00

Current Approval Amount

13070.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bristol

Project County Name

SULLIVAN

Project State

TN

Project Zip

37620-5343

CD

TN-01

Jobs Reported

11

NAICS Code

448150

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

13070.00

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

Subchapter S Corporation

Originating Lender Location Id

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

13171.66

Forgiveness Date

01/11/2022

;