111 MERCER ST INC. (MD) - 2020 PPP Loan Borrower Profile (# 7198107301)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to 111 MERCER ST INC.. 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 Maryland.
Loan Detail
Loan Number
7198107301
SBA Office Code
0373
Processing Method
PPP
Curent Loan Amount
$71,870
Date Loan was Approved
Apr 30, 2020
Amount Forgiven
$72,756.07
Date Loan was Forgiven
Aug 5, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
7,187
Payroll Proced
57,496
Rent Proceed
7,187
Lender
BSD Capital, LLC dba Lendistry
Business Detail
Business Type
Corporation
NAICS
722511
Borrower Location
Baltimore, MD
Project Location
Baltimore, MD
Rural/Urban
Urban
Hubzone
Yes
Labor Market Information (LMI)
No
Jobs Reported
5
Business Age Description
Existing or more than 2 years old
Data Source: SBA.