PPP Loan information for Mershon's world of cars, inc.

$163,367

Mershon's world of cars, inc. was initially approved for PPP Loan of amount $163,367, the current approved amount is $163,367. The loan was approved on 04/14/2020 by The The Park National Bank reported 11 jobs and $163,367 was used to fund payroll.

Mershon's world of cars, inc. is Existing or more than 2 years old

PPP Loan Search / OH / SPRINGFIELD / Mershon's world of cars, inc.

MERSHON'S WORLD OF CARS, INC.

Date Approved

04/14/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

MERSHON'S WORLD OF CARS, INC.

Borrower Address

201 E. North Street

Borrower City

SPRINGFIELD

Borrower State

OH

Borrower Zip

45503

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

163367.00

Current Approval Amount

163367.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

CLARK

Project State

OH

Project Zip

45503-1000

CD

OH-10

Jobs Reported

11

NAICS Code

441120

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

7475.00

Payroll Proceed

135892.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

164897.73

Forgiveness Date

04/01/2021

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