# PPP loan: MERCER GROUP INTERNATIONAL OF NEW JERSEY, INC.
> **$1.04M** approved 04/11/2020 · Paid in Full · Loan `3060337103`
## Borrower
- **Name:** MERCER GROUP INTERNATIONAL OF NEW JERSEY, INC.
- **Address:** 1519 REV S HOWARD WOODSON JR WAY, TRENTON, NJ, 08638-4019
- **NAICS:** 562111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.04M
- **Initial approval:** $1.04M
- **Forgiven:** $1.05M (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $835K
- **Mortgage interest:** $209K
- **Jobs reported:** 72
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*