# PPP loan: MERCATO CINEMA, LLC
> **$339K** approved 04/27/2020 · Paid in Full · Loan `3721787205`
## Borrower
- **Name:** MERCATO CINEMA, LLC
- **Address:** 9118 STRADA PL, SUITE 8205, NAPLES, FL, 34108-2884
- **NAICS:** 512131
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $339K
- **Initial approval:** $339K
- **Forgiven:** $177K (52%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $339K
- **Jobs reported:** 64
## Lender
- **Originating:** Ocean Bank
- **Servicing:** Ocean Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*