# PPP loan: MERCADO ON 3RD LLC
> **$548K** approved 02/05/2021 · Paid in Full · Loan `3945458402`
## Borrower
- **Name:** MERCADO ON 3RD LLC
- **Address:** 7910 W 3rd St, Los Angeles, CA, 90048-4305
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $548K
- **Initial approval:** $548K
- **Forgiven:** $552K (101%)
- **Forgiveness date:** 11/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $548K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*