# PPP loan: CHIP MERCER, DDS, PA
> **$178K** approved 04/09/2020 · Paid in Full · Loan `9488117007`
## Borrower
- **Name:** CHIP MERCER, DDS, PA
- **Address:** 725 Fielder Rd, FORT WORTH, TX, 76102-4636
- **NAICS:** 621210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $178K
- **Initial approval:** $178K
- **Forgiven:** $180K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $143K
- **Rent:** $18K
- **Utilities:** $18K
- **Jobs reported:** 5
## Lender
- **Originating:** Texas Regional Bank
- **Servicing:** Texas Regional Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*