Mercado On Lake LLC

$350,000 PPP Loan in Manhattan Beach, California

Loan Details

Loan Number
2373107209
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$350,000
Current Approval
$350,000
Forgiveness Amount
$353,964
Forgiveness Date
Jun 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mercado On Lake LLC
Address
3212a N Sepulveda Blvd
ZIP Code
90266
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$8.5M
Rural/Urban
Urban
Congressional District
CA-36

Loan Use Breakdown

Payroll
$257,000
Rent
$54,000
Utilities
$7,000
Health Care
$21,000
Debt Interest
$1,000
Refinance EIDL
$10,000

Lender Information

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

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