PPP Loan information for Mercantile group ltd

$356,521

Mercantile group ltd was initially approved for PPP Loan of amount $356,520, the current approved amount is $356,521. The loan was approved on 03/13/2021 by The Bank of America, National Association reported 19 jobs and $356,521 was used to fund payroll.

Mercantile group ltd is Existing or more than 2 years old

PPP Loan Search / TX / Katy / Mercantile group ltd

MERCANTILE GROUP LTD

Date Approved

03/13/2021

SBA Office Code

0671

Processing Method

PPS

Borrower Name

MERCANTILE GROUP LTD

Borrower Address

22720 Morton Ranch Rd Ste 160

Borrower City

Katy

Borrower State

TX

Borrower Zip

77449-2155

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

356520.00

Current Approval Amount

356521.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Katy

Project County Name

HARRIS

Project State

TX

Project Zip

77449-2155

CD

TX-10

Jobs Reported

19

NAICS Code

531210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

356521.00

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

Partnership

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

359041.07

Forgiveness Date

12/09/2021

;