PPP Loan information for Mers llc

$2,376,200

Mers llc was initially approved for PPP Loan of amount $2,376,200, the current approved amount is $2,376,200. The loan was approved on 04/27/2020 by The St. Louis Bank reported 118 jobs and $2,376,200 was used to fund payroll.

Mers llc is Unanswered

PPP Loan Search / TN / MEMPHIS / Mers llc

MERS LLC

Date Approved

04/27/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MERS LLC

Borrower Address

398 W Illinois Avenue

Borrower City

MEMPHIS

Borrower State

TN

Borrower Zip

38106-1566

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2376200.00

Current Approval Amount

2376200.00

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

Unanswered

Project City

MEMPHIS

Project County Name

SHELBY

Project State

TN

Project Zip

38106-1566

CD

TN-09

Jobs Reported

118

NAICS Code

445120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

75000.00

Payroll Proceed

1551200.00

Mortgage Interest Proceed

500000.00

Rent Proceed

150000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

100000.00

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

2402602.22

Forgiveness Date

06/11/2021

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