Mers LLC

$2,376,200 PPP Loan in Memphis, Tennessee

Loan Details

Loan Number
4338267204
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$2,376,200
Current Approval
$2,376,200
Forgiveness Amount
$2,402,602
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mers LLC
Address
398 W Illinois Avenue
ZIP Code
38106-1566
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (445120)
Business Age
Unanswered
Jobs Reported
118
Estimated Revenue
$29.5M
Rural/Urban
Urban
Congressional District
TN-09

Loan Use Breakdown

Payroll
$1,551,200
Rent
$150,000
Utilities
$75,000
Health Care
$100,000
Mortgage Interest
$500,000

Lender Information

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

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