Mercer Insurance Inc.

$187,200 PPP Loan in Portage, Indiana

Loan Details

Loan Number
6175027304
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$187,200
Current Approval
$187,200
Forgiveness Amount
$189,207
Forgiveness Date
May 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mercer Insurance Inc.
Address
2664 Willowcreed Road Unit a
State
Indiana
ZIP Code
46368
Business Type
Subchapter S Corporation
Industry (NAICS)
Finance and Insurance (524210)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
$9.2M
Rural/Urban
Urban
Congressional District
IN-01

Loan Use Breakdown

Payroll
$168,820
Utilities
$3,200
Health Care
$6,090
Mortgage Interest
$9,090

Lender Information

Servicing Lender
Blue Ridge Bank, National Association
Originating Lender
Blue Ridge Bank, National Association

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