# PPP loan: MERCATOR GLOBAL LOGISTICS
> **$500K** approved 05/29/2020 · Paid in Full · Loan `4995587805`
## Borrower
- **Name:** MERCATOR GLOBAL LOGISTICS
- **Address:** 2300 East Higgins Road, Elk Grove Village, IL, 60007-2600
- **NAICS:** 484110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $375K
- **Rent:** $63K
- **Utilities:** $63K
- **Jobs reported:** 10
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*