# PPP loan: MERIT SCREW MACHINE PRODUCTS COMPANY
> **$252K** approved 05/06/2020 · Paid in Full · Loan `2900007402`
## Borrower
- **Name:** MERIT SCREW MACHINE PRODUCTS COMPANY
- **Address:** 2910 S 17TH AVE, BROADVIEW, IL, 60155
- **NAICS:** 332996
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $252K
- **Initial approval:** $252K
- **Forgiven:** $254K (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $252K
- **Jobs reported:** 23
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*