ALBERT MERCER (IN) - 2020 PPP Loan Borrower Profile (# 3647399003)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALBERT MERCER. 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 Indiana.

Loan Detail

Loan Number

3647399003

SBA Office Code

0562

Processing Method

PPS

Curent Loan Amount

$10,677

Date Loan was Approved

May 19, 2021

Amount Forgiven

$10,715.61

Date Loan was Forgiven

Nov 3, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

10,675

Lender

Leader Bank, National Association

Business Detail

Business Type

Sole Proprietorship

NAICS

238210

Borrower Location

Michigan City, IN

Project Location

Michigan City, IN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.