MERCER TOOL CORP

Summary of PPP (Paycheck Protection Program) Loan approved to MERCER TOOL CORP by Signature Bank. The loan was approved on 4/28/2020 in the range of $1-2 million.

Business Information

Name:

MERCER TOOL CORP

1860 SMITHTOWN AVE
RONKONKOMA, NY 11779
Business type: Subchapter S Corporation
Merchant Wholesalers, Durable Goods
→ Industrial Machinery and Equipment Merchant Wholesalers
Non-profit: No
Loan amount: $1-2 million
(50 Jobs retained)
Date approved: April 28, 2020
Lender Signature Bank

Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.