# PPP loan: MERCANTILE SYSTEMS INC.
> **$169K** approved 04/28/2020 · Exemption 4 · Loan `7003037207`
## Borrower
- **Name:** MERCANTILE SYSTEMS INC.
- **Address:** 9040 Brentwood Blvd Ste A, BRENTWOOD, CA, 94513
- **NAICS:** 611430
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $169K
- **Initial approval:** $1.69M
- **Forgiven:** $153K (91%)
- **Forgiveness date:** 06/28/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $169K
- **Jobs reported:** 5
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*