PPP Loan information for Mersino management company

$549,390

Mersino management company was initially approved for PPP Loan of amount $3,000,000, the current approved amount is $549,390. The loan was approved on 04/07/2020 by The The State Bank reported 245 jobs and $549,390 was used to fund payroll.

Mersino management company is Existing or more than 2 years old

PPP Loan Search / MI / METAMORA / Mersino management company

MERSINO MANAGEMENT COMPANY

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MERSINO MANAGEMENT COMPANY

Borrower Address

600 W DRYDEN RD

Borrower City

METAMORA

Borrower State

MI

Borrower Zip

48455-8714

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3000000.00

Current Approval Amount

549390.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34774

Servicing Lender Name

The State Bank

Servicing Lender Address

101 N Leroy St

Servicing Lender City

FENTON

Servicing Lender State

MI

Servicing Lender Zip

48430-3804

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

METAMORA

Project County Name

LAPEER

Project State

MI

Project Zip

48455-8714

CD

MI-09

Jobs Reported

245

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

549390.00

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

34774

Originating Lender

The State Bank

Originating Lender City

FENTON

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

542626.34

Forgiveness Date

11/20/2020

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