# PPP loan: MERRI-MAC/TIMBERLAKE LLC
> **$662K** approved 02/05/2021 · Paid in Full · Loan `3736068407`
## Borrower
- **Name:** MERRI-MAC/TIMBERLAKE LLC
- **Address:** 1123 Montreat Rd, Black Mountain, NC, 28711-3231
- **NAICS:** 721214
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $662K
- **Initial approval:** $662K
- **Forgiven:** $667K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $662K
- **Utilities:** $1
- **Jobs reported:** 222
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*