Merchant's Credit, LLC

$94,600 PPP Loan in Marion, Illinois

Loan Details

Loan Number
5979087105
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$94,600
Current Approval
$94,600
Forgiveness Amount
$95,370
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Merchant's Credit, LLC
Address
4503 W Deyoung St Suite 11a
City
Marion
ZIP Code
62959-0017
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Administrative and Support and Waste Management (561440)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$75,000
Utilities
$5,000
Mortgage Interest
$14,600

Lender Information

Servicing Lender
First Southern Bank
Originating Lender
First Southern Bank

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