# PPP loan: MERCURIO BROTHERS INC
> **$413K** approved 04/14/2020 · Paid in Full · Loan `7393157104`
## Borrower
- **Name:** MERCURIO BROTHERS INC
- **Address:** 50 FISHERMANS WHARF, MONTEREY, CA, 93940-2429
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $413K
- **Initial approval:** $413K
- **Forgiven:** $418K (101%)
- **Forgiveness date:** 06/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $310K
- **Rent:** $52K
- **Utilities:** $52K
- **Jobs reported:** 58
## Lender
- **Originating:** Santa Cruz County Bank
- **Servicing:** Santa Cruz County Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*