Mertec Engineering

$153,655 PPP Loan in Upland, California

Loan Details

Loan Number
2814967205
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$153,655
Current Approval
$153,655
Forgiveness Amount
$155,726
Forgiveness Date
Aug 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mertec Engineering
Address
1232 Monte Vista Ave Ste 9
City
Upland
ZIP Code
91786
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
CA-35

Loan Use Breakdown

Payroll
$122,925
Rent
$4,040
Utilities
$13,269
Health Care
$13,421

Lender Information

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

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