PPP Loan information for Mercello building company

$41,400

Mercello building company was initially approved for PPP Loan of amount $41,400, the current approved amount is $41,400. The loan was approved on 04/28/2020 by The Peoples CU reported 3 jobs and $41,400 was used to fund payroll.

Mercello building company is Existing or more than 2 years old

PPP Loan Search / RI / NEWPORT / Mercello building company

MERCELLO BUILDING COMPANY

Date Approved

04/28/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

MERCELLO BUILDING COMPANY

Borrower Address

189 Kay St

Borrower City

NEWPORT

Borrower State

RI

Borrower Zip

02840

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41400.00

Current Approval Amount

41400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

104803

Servicing Lender Name

Peoples CU

Servicing Lender Address

858 W Main Rd

Servicing Lender City

MIDDLETOWN

Servicing Lender State

RI

Servicing Lender Zip

02842-6315

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWPORT

Project County Name

NEWPORT

Project State

RI

Project Zip

02840-0001

CD

RI-01

Jobs Reported

3

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41400.00

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

104803

Originating Lender

Peoples CU

Originating Lender City

MIDDLETOWN

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41753.05

Forgiveness Date

03/10/2021

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