PPP Loan information for Mercfuel inc

$392,300

Mercfuel inc was initially approved for PPP Loan of amount $392,300, the current approved amount is $392,300. The loan was approved on 04/13/2020 by The Sunwest Bank reported 34 jobs and $392,300 was used to fund payroll.

Mercfuel inc is Existing or more than 2 years old

MERCFUEL INC

Date Approved

04/13/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

MERCFUEL INC

Borrower Address

2780 SKYPARK DR 300

Borrower City

TORRANCE

Borrower State

CA

Borrower Zip

90505-5315

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

392300.00

Current Approval Amount

392300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

14926

Servicing Lender Name

Sunwest Bank

Servicing Lender Address

10011 Centennial Pkwy, Ste 450

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TORRANCE

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90505-5315

CD

CA-36

Jobs Reported

34

NAICS Code

488190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

392300.00

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

14926

Originating Lender

Sunwest Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

395078.79

Forgiveness Date

01/06/2021

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