PPP Loan information for Mercy & grace llc

$87,500

Mercy & grace llc was initially approved for PPP Loan of amount $87,500, the current approved amount is $87,500. The loan was approved on 05/11/2020 by The Bank of America, National Association reported 12 jobs and $87,500 was used to fund payroll.

Mercy & grace llc is Existing or more than 2 years old

MERCY & GRACE LLC

Date Approved

05/11/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MERCY & GRACE LLC

Borrower Address

1360 POND SPRINGS TRCE SW

Borrower City

LILBURN

Borrower State

GA

Borrower Zip

30047-1993

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87500.00

Current Approval Amount

87500.00

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

LILBURN

Project County Name

GWINNETT

Project State

GA

Project Zip

30047-1993

CD

GA-07

Jobs Reported

12

NAICS Code

484121

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

87500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88221.58

Forgiveness Date

03/10/2021

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