# PPP loan: MERICLE'S TOWING LLC
> **$320K** approved 04/10/2020 · Paid in Full · Loan `1913957105`
## Borrower
- **Name:** MERICLE'S TOWING LLC
- **Address:** 3408 HOLLYWOOD AVE, SHREVEPORT, LA, 71109-8002
- **NAICS:** 488410
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $320K
- **Initial approval:** $320K
- **Forgiven:** $322K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $320K
- **Jobs reported:** 22
## Lender
- **Originating:** Progressive Bank
- **Servicing:** Progressive Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*