# PPP loan: 142 MERCER STREET LLC
> **$1.71M** approved 01/21/2021 · Paid in Full · Loan `2864228309`
## Borrower
- **Name:** 142 MERCER STREET LLC
- **Address:** 142 Mercer St, New York, NY, 10012-3212
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.71M
- **Initial approval:** $1.71M
- **Forgiven:** $1.72M (101%)
- **Forgiveness date:** 11/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.71M
- **Utilities:** $1
- **Jobs reported:** 125
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*