Mertz Motor Co. INC

$261,600 PPP Loan in Millstadt, Illinois

Loan Details

Loan Number
9228388301
Date Approved
Jan 30, 2021
Loan Status
Paid in Full
Initial Approval
$261,600
Current Approval
$261,600
Forgiveness Amount
$263,858
Forgiveness Date
Dec 22, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Mertz Motor Co. INC
Address
100 E Washington St
ZIP Code
62260-1224
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Ford Motor Company Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$5.5M
Rural/Urban
Urban
Congressional District
IL-12

Loan Use Breakdown

Payroll
$261,598
Utilities
$1

Lender Information

Servicing Lender
Bank of Belleville
Originating Lender
Bank of Belleville

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