# PPP loan: MERIT FRAMING INC.
> **$2.00M** approved 01/20/2021 · Paid in Full · Loan `2091248301`
## Borrower
- **Name:** MERIT FRAMING INC.
- **Address:** 42113 Roick Dr Ste 3, Temecula, CA, 92590-4848
- **NAICS:** 238130
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.02M (101%)
- **Forgiveness date:** 01/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 168
## Lender
- **Originating:** Cache Valley Bank
- **Servicing:** Cache Valley Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*