# PPP loan: MERLIN'S PIZZA COMPANY
> **$259K** approved 04/16/2020 · Paid in Full · Loan `2486517210`
## Borrower
- **Name:** MERLIN'S PIZZA COMPANY
- **Address:** 1251 Airport Rd, DESTIN, FL, 32541
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $259K
- **Initial approval:** $259K
- **Forgiven:** $263K (102%)
- **Forgiveness date:** 11/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $194K
- **Rent:** $32K
- **Utilities:** $32K
- **Jobs reported:** 35
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*