PPP Loan information for Mers llc

$2,000,000

Mers llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 04/14/2021 by The St. Louis Bank reported 110 jobs and $2,000,000 was used to fund payroll.

Mers llc is Existing or more than 2 years old

MERS LLC

Date Approved

04/14/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

MERS LLC

Borrower Address

398 W Illinois Ave

Borrower City

Memphis

Borrower State

TN

Borrower Zip

38106-1566

Loan Status Date

10/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434581

Servicing Lender Name

St. Louis Bank

Servicing Lender Address

9811 S Forty Dr

Servicing Lender City

St. Louis

Servicing Lender State

MO

Servicing Lender Zip

63124-1136

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Memphis

Project County Name

SHELBY

Project State

TN

Project Zip

38106-1566

CD

TN-09

Jobs Reported

110

NAICS Code

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

434581

Originating Lender

St. Louis Bank

Originating Lender City

St. Louis

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2027666.67

Forgiveness Date

09/09/2022

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