# PPP loan: MERCURY HOTELS, INC.
> **$582K** approved 04/15/2020 · Paid in Full · Loan `1334987207`
## Borrower
- **Name:** MERCURY HOTELS, INC.
- **Address:** 77 HEGENBERGER RD, OAKLAND, CA, 94621-1405
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $582K
- **Initial approval:** $718K
- **Forgiven:** $588K (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $582K
- **Jobs reported:** 91
## Lender
- **Originating:** Bank of Hope
- **Servicing:** Bank of Hope (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*