# PPP loan: R.W. MERCER CO.
> **$2.64M** approved 04/09/2020 · Paid in Full · Loan `9524527010`
## Borrower
- **Name:** R.W. MERCER CO.
- **Address:** 2322 Brooklyn Road, JACKSON, MI, 49203-4750
- **NAICS:** 236210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.64M
- **Initial approval:** $2.64M
- **Forgiven:** $2.67M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.11M
- **Mortgage interest:** $396K
- **Utilities:** $132K
- **Jobs reported:** 187
## Lender
- **Originating:** County National Bank
- **Servicing:** County National Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*