PPP Loan information for Mercantile property management

$415,900

Mercantile property management was initially approved for PPP Loan of amount $415,965, the current approved amount is $415,900. The loan was approved on 04/05/2020 by The South Shore Bank reported 60 jobs and $415,900 was used to fund payroll.

Mercantile property management is Existing or more than 2 years old

PPP Loan Search / MA / BUZZARDS BAY / Mercantile property management

MERCANTILE PROPERTY MANAGEMENT

Date Approved

04/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MERCANTILE PROPERTY MANAGEMENT

Borrower Address

18 Waterhouse Road

Borrower City

BUZZARDS BAY

Borrower State

MA

Borrower Zip

02532-8346

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

415965.00

Current Approval Amount

415900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33475

Servicing Lender Name

South Shore Bank

Servicing Lender Address

1530 Main St

Servicing Lender City

WEYMOUTH

Servicing Lender State

MA

Servicing Lender Zip

02190-1310

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BUZZARDS BAY

Project County Name

BARNSTABLE

Project State

MA

Project Zip

02532-8346

CD

MA-09

Jobs Reported

60

NAICS Code

531311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

415900.00

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

33475

Originating Lender

South Shore Bank

Originating Lender City

WEYMOUTH

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

408267.75

Forgiveness Date

11/12/2020

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