PPP Loan information for Merc communications inc.

$21,577

Merc communications inc. was initially approved for PPP Loan of amount $21,577, the current approved amount is $21,577. The loan was approved on 07/13/2020 by The Fed – Kabbage reported 4 jobs and $21,577 was used to fund payroll.

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

MERC COMMUNICATIONS INC.

Date Approved

07/13/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MERC COMMUNICATIONS INC.

Borrower Address

1403 Grand Blvd

Borrower City

Cedar Falls

Borrower State

IA

Borrower Zip

50613-4311

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

21577.00

Current Approval Amount

21577.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

593324

Servicing Lender Name

Fed – Kabbage

Servicing Lender Address

925B Peachtree Street NE

Servicing Lender City

Atlanta

Servicing Lender State

GA

Servicing Lender Zip

30309

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cedar Falls

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50613-4311

CD

IA-02

Jobs Reported

4

NAICS Code

811213

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

21577.00

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

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

21666.85

Forgiveness Date

12/16/2020

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