PPP Loan information for United mercantile corporation

$492,700

United mercantile corporation was initially approved for PPP Loan of amount $492,700, the current approved amount is $492,700. The loan was approved on 04/06/2020 by The Heritage Bank, Inc. reported 47 jobs and $492,700 was used to fund payroll.

United mercantile corporation is Existing or more than 2 years old

PPP Loan Search / OH / MILFORD / United mercantile corporation

UNITED MERCANTILE CORPORATION

Date Approved

04/06/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

UNITED MERCANTILE CORPORATION

Borrower Address

575 CHAMBER DR

Borrower City

MILFORD

Borrower State

OH

Borrower Zip

45150-1498

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

492700.00

Current Approval Amount

492700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116820

Servicing Lender Name

Heritage Bank, Inc.

Servicing Lender Address

1818 Florence

Servicing Lender City

Burlington

Servicing Lender State

KY

Servicing Lender Zip

41005

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILFORD

Project County Name

CLERMONT

Project State

OH

Project Zip

45150-1498

CD

OH-02

Jobs Reported

47

NAICS Code

523910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

492700.00

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

116820

Originating Lender

Heritage Bank, Inc.

Originating Lender City

Burlington

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

495440.22

Forgiveness Date

11/03/2020

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