Mers LLC

$2,000,000 PPP Loan in Memphis, Tennessee

Loan Details

Loan Number
3070758808
Date Approved
Apr 14, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,027,667
Forgiveness Date
Sep 9, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Mers LLC
Address
398 W Illinois Ave
ZIP Code
38106-1566
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (454310)
Business Age
Existing or more than 2 years old
Jobs Reported
110
Estimated Revenue
$26.3M
Rural/Urban
Urban
Congressional District
TN-09

Loan Use Breakdown

Payroll
$1,999,998
Utilities
$1

Lender Information

Servicing Lender
St. Louis Bank
Originating Lender
St. Louis Bank

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