# PPP loan: MERCED TRUCK & TRAILER, INC.
> **$203K** approved 04/28/2020 · Paid in Full · Loan `1751897303`
## Borrower
- **Name:** MERCED TRUCK & TRAILER, INC.
- **Address:** 625 Martin Luther King Jr Way, MERCED, CA, 95341
- **NAICS:** 441310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $203K
- **Initial approval:** $203K
- **Forgiven:** $204K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $203K
- **Jobs reported:** 25
## Lender
- **Originating:** Bank of Stockton
- **Servicing:** Bank of Stockton (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*