# PPP loan: MERCER OPERATING LLC
> **$1.14M** approved 02/12/2021 · Paid in Full · Loan `7511178402`
## Borrower
- **Name:** MERCER OPERATING LLC
- **Address:** 147 Mercer St, New York, NY, 10012-3203
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.14M
- **Initial approval:** $1.14M
- **Forgiven:** $1.15M (101%)
- **Forgiveness date:** 10/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.14M
- **Utilities:** $1
- **Jobs reported:** 44
## Lender
- **Originating:** Coastal States Bank
- **Servicing:** Coastal States Bank (SC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*