# PPP loan: MERCAT LLC
> **$263K** approved 04/12/2020 · Paid in Full · Loan `3986787102`
## Borrower
- **Name:** MERCAT LLC
- **Address:** 2501 N HARWOOD STREET, DALLAS, TX, 75201-1606
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $263K
- **Initial approval:** $263K
- **Forgiven:** $173K (66%)
- **Forgiveness date:** 07/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $263K
- **Jobs reported:** 28
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Cadence Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*