# PPP loan: B K MERCHANDISING INC
> **$231K** approved 04/10/2020 · Paid in Full · Loan `1391507101`
## Borrower
- **Name:** B K MERCHANDISING INC
- **Address:** 12507 SUNSET AVE STE 26, OCEAN CITY, MD, 21842-9265
- **NAICS:** 448140
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $231K
- **Initial approval:** $204K
- **Forgiven:** $234K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $231K
- **Jobs reported:** 3
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*