# PPP loan: MERCER OPERATING LLC
> **$817K** approved 04/13/2020 · Paid in Full · Loan `4455647101`
## Borrower
- **Name:** MERCER OPERATING LLC
- **Address:** 871 7TH AVE, NEW YORK, NY, 10019-3830
- **NAICS:** 711310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $817K
- **Initial approval:** $817K
- **Forgiven:** $437K (53%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $613K
- **Rent:** $163K
- **Utilities:** $41K
- **Jobs reported:** 75
## Lender
- **Originating:** Coastal States Bank
- **Servicing:** Coastal States Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*