Mercury Hotels, Inc.

$718,000 PPP Loan in Oakland, California

Loan Details

Loan Number
1334987207
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$718,000
Current Approval
$582,200
Forgiveness Amount
$588,102
Forgiveness Date
Apr 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mercury Hotels, Inc.
Address
77 Hegenberger Rd
ZIP Code
94621-1405
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Holiday Inn Express (license Agreement)
Business Age
Existing or more than 2 years old
Jobs Reported
91
Estimated Revenue
$28.5M
Rural/Urban
Urban
Congressional District
CA-12

Loan Use Breakdown

Payroll
$582,200

Lender Information

Servicing Lender
Bank of Hope
Originating Lender
Bank of Hope

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