PPP Loan information for Mercer management & development inc.

$1,131,700

Mercer management & development inc. was initially approved for PPP Loan of amount $1,131,700, the current approved amount is $1,131,700. The loan was approved on 04/10/2020 by The First Bank reported 173 jobs and $1,131,700 was used to fund payroll.

Mercer management & development inc. is Existing or more than 2 years old

MERCER MANAGEMENT & DEVELOPMENT INC.

Date Approved

04/10/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MERCER MANAGEMENT & DEVELOPMENT INC.

Borrower Address

4569 - 4573 BROAD ST

Borrower City

TRENTON

Borrower State

NJ

Borrower Zip

08620-2203

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1131700.00

Current Approval Amount

1131700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

448323

Servicing Lender Name

First Bank

Servicing Lender Address

2465 Kuser Rd, Ste 101

Servicing Lender City

HAMILTON

Servicing Lender State

NJ

Servicing Lender Zip

08690-3310

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TRENTON

Project County Name

MERCER

Project State

NJ

Project Zip

08620-2203

CD

NJ-03

Jobs Reported

173

NAICS Code

531312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1131700.00

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

448323

Originating Lender

First Bank

Originating Lender City

HAMILTON

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1145094.37

Forgiveness Date

06/24/2021

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