PPP Loan information for The 405 mercantile corp

$30,387

The 405 mercantile corp was initially approved for PPP Loan of amount $30,387, the current approved amount is $30,387. The loan was approved on 01/19/2021 by The The Citizens Bank of Edmond reported 3 jobs and $30,387 was used to fund payroll.

The 405 mercantile corp is Existing or more than 2 years old

THE 405 MERCANTILE CORP

Date Approved

01/19/2021

SBA Office Code

0680

Processing Method

PPS

Borrower Name

THE 405 MERCANTILE CORP

Borrower Address

706 S Main St

Borrower City

Stillwater

Borrower State

OK

Borrower Zip

74074-4668

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

30387.00

Current Approval Amount

30387.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58917

Servicing Lender Name

The Citizens Bank of Edmond

Servicing Lender Address

1 E 1st St

Servicing Lender City

EDMOND

Servicing Lender State

OK

Servicing Lender Zip

73034-3805

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Stillwater

Project County Name

PAYNE

Project State

OK

Project Zip

74074-4668

CD

OK-03

Jobs Reported

3

NAICS Code

453998

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

30384.00

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

Subchapter S Corporation

Originating Lender Location Id

58917

Originating Lender

The Citizens Bank of Edmond

Originating Lender City

EDMOND

Originating Lender State

OK

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

30646.75

Forgiveness Date

12/06/2021

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