# PPP loan: MERRITTS HEIGHTS INC
> **$328K** approved 08/03/2020 · Exemption 4 · Loan `2749198209`
## Borrower
- **Name:** MERRITTS HEIGHTS INC
- **Address:** 34 PEACHTREE STREET NW Suite 1925, Atlanta, GA, 30303-2308
- **NAICS:** 531311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $328K
- **Initial approval:** $328K
- **Forgiven:** $238K (72%)
- **Forgiveness date:** 11/10/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $328K
- **Jobs reported:** 12
## Lender
- **Originating:** Kabbage, Inc.
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*