Mercantile Development, Inc.

$637,414 PPP Loan in Shelton, Connecticut

Loan Details

Loan Number
1402817107
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$637,414
Current Approval
$637,414
Forgiveness Amount
$641,873
Forgiveness Date
Dec 28, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Mercantile Development, Inc.
Address
10 Waterview Drive 0.0
ZIP Code
06484-0825
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (322299)
Business Age
Existing or more than 2 years old
Jobs Reported
38
Estimated Revenue
$37.7M
Rural/Urban
Urban
Congressional District
CT-04

Loan Use Breakdown

Payroll
$509,932
Rent
$127,482

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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