# PPP loan: M.E.R.C CONSTRUCTION, INC.
> **$161K** approved 04/10/2020 · Paid in Full · Loan `1153747108`
## Borrower
- **Name:** M.E.R.C CONSTRUCTION, INC.
- **Address:** 10088 Modena Road, WYOMING, IL, 61491-9026
- **NAICS:** 238110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 01/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $161K
- **Jobs reported:** 12
## Lender
- **Originating:** Peoples National Bank of Kewanee
- **Servicing:** Peoples National Bank of Kewanee (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*