PPP Loan information for Mercer gin inc.

$18,737

Mercer gin inc. was initially approved for PPP Loan of amount $18,737, the current approved amount is $18,737. The loan was approved on 04/03/2021 by The Decatur County Bank reported 5 jobs and $18,737 was used to fund payroll.

Mercer gin inc. is Existing or more than 2 years old

MERCER GIN INC.

Date Approved

04/03/2021

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MERCER GIN INC.

Borrower Address

1679 TN-138

Borrower City

Mercer

Borrower State

TN

Borrower Zip

38392

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

18737.00

Current Approval Amount

18737.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66917

Servicing Lender Name

Decatur County Bank

Servicing Lender Address

56 N Pleasant St

Servicing Lender City

DECATURVILLE

Servicing Lender State

TN

Servicing Lender Zip

38329-4083

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mercer

Project County Name

MADISON

Project State

TN

Project Zip

38392

CD

TN-07

Jobs Reported

5

NAICS Code

115111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

18737.00

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

Subchapter S Corporation

Originating Lender Location Id

66917

Originating Lender

Decatur County Bank

Originating Lender City

DECATURVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

18792.17

Forgiveness Date

07/21/2021

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