&MERCI (CA) - 2020 PPP Loan Borrower Profile (# 2081987300)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to &MERCI. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in California.

Loan Detail

Loan Number

2081987300

SBA Office Code

0914

Processing Method

PPP

Curent Loan Amount

$20,323

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$20,478.9

Date Loan was Forgiven

Feb 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,000

Payroll Proced

16,323

Rent Proceed

2,000

Lender

GBC International Bank

Business Detail

Business Type

Corporation

NAICS

425120

Borrower Location

LOS ANGELES, CA

Project Location

LOS ANGELES, CA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.