# PPP loan: MERKEL RESTAURANT GROUP INC.
> **$411K** approved 02/01/2021 · Paid in Full · Loan `1369948409`
## Borrower
- **Name:** MERKEL RESTAURANT GROUP INC.
- **Address:** 101 W Grand River Ave, Howell, MI, 48843-2236
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $411K
- **Initial approval:** $411K
- **Forgiven:** $414K (101%)
- **Forgiveness date:** 12/07/2021
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $411K
- **Utilities:** $1
- **Jobs reported:** 63
## Lender
- **Originating:** Bank of Ann Arbor
- **Servicing:** Bank of Ann Arbor (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*