PPP Loan information for Ers inc

$188,552

Ers inc was initially approved for PPP Loan of amount $188,552, the current approved amount is $188,552. The loan was approved on 02/25/2021 by The Merchants Commercial Bank reported 23 jobs and $188,552 was used to fund payroll.

Ers inc is Existing or more than 2 years old

PPP Loan Search / VI / St Thomas / Ers inc

ERS INC

Date Approved

02/25/2021

SBA Office Code

0252

Processing Method

PPS

Borrower Name

ERS INC

Borrower Address

3070 Honduras Frenchtown

Borrower City

St Thomas

Borrower State

VI

Borrower Zip

00802-5757

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

188552.00

Current Approval Amount

188552.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444422

Servicing Lender Name

Merchants Commercial Bank

Servicing Lender Address

4608 Tutu Park Mall, Ste 100

Servicing Lender City

Charlotte Amalie

Servicing Lender State

VI

Servicing Lender Zip

00802-1816

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

St Thomas

Project County Name

SAINT THOMAS

Project State

VI

Project Zip

00802-5757

CD

VI-

Jobs Reported

23

NAICS Code

722511

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

188549.00

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

444422

Originating Lender

Merchants Commercial Bank

Originating Lender City

Charlotte Amalie

Originating Lender State

VI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

189651.89

Forgiveness Date

09/29/2021

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