# PPP loan: MERCER KITCHEN LLC
> **$1.20M** approved 04/28/2020 · Exemption 4 · Loan `8038197203`
## Borrower
- **Name:** MERCER KITCHEN LLC
- **Address:** 111 PRINCE ST, NEW YORK, NY, 10012-3102
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.20M
- **Initial approval:** $1.20M
- **Forgiven:** $644K (54%)
- **Forgiveness date:** 11/18/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $1.20M
- **Jobs reported:** 171
## Lender
- **Originating:** Capital One, National Association
- **Servicing:** Capital One, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*