Mertz Motor Company, Inc.
$242,300 PPP Loan in Millstadt, Illinois
Loan Details
- Loan Number
- 2255837106
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $242,300
- Current Approval
- $242,300
- Forgiveness Amount
- $243,986
- Forgiveness Date
- Dec 31, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mertz Motor Company, Inc.
- Address
- 100 East Washington
- City
- Millstadt
- State
- Illinois
- ZIP Code
- 62260-1224
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 22
- Estimated Revenue
- $5.5M
- Rural/Urban
- Urban
- Congressional District
- IL-12
Loan Use Breakdown
- Payroll
- $218,486
- Rent
- $20,000
- Utilities
- $3,814
Lender Information
- Servicing Lender
- Bank of Belleville
- Originating Lender
- Bank of Belleville
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