PPP Loan information for The mercantile press, inc.

$198,500

The mercantile press, inc. was initially approved for PPP Loan of amount $198,500, the current approved amount is $198,500. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 13 jobs and $198,500 was used to fund payroll.

The mercantile press, inc. is Existing or more than 2 years old

PPP Loan Search / DE / Wilmington / The mercantile press, inc.

THE MERCANTILE PRESS, INC.

Date Approved

04/15/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

THE MERCANTILE PRESS, INC.

Borrower Address

3007 Bellevue Avenue

Borrower City

Wilmington

Borrower State

DE

Borrower Zip

19802

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

198500.00

Current Approval Amount

198500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19802-1001

CD

DE-

Jobs Reported

13

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11144.00

Payroll Proceed

152441.00

Mortgage Interest Proceed

0.00

Rent Proceed

6667.00

Refinance EIDL Proceed

0.00

Health Care Proceed

26804.00

Debt Interest Proceed

1444

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

199707.32

Forgiveness Date

12/02/2020

;