# PPP loan: MERCER RUBBER COMPANY
> **$288K** approved 04/07/2020 · Paid in Full · Loan `7415237008`
## Borrower
- **Name:** MERCER RUBBER COMPANY
- **Address:** 110 Benigno Blvd, BELLMAWR, NJ, 08031-2516
- **NAICS:** 326299
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $288K
- **Initial approval:** $288K
- **Forgiven:** $291K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $288K
- **Jobs reported:** 19
## Lender
- **Originating:** Customers Bank
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*