# PPP loan: MERIT FOODS, LLC
> **$820K** approved 04/12/2020 · Paid in Full · Loan `3907687110`
## Borrower
- **Name:** MERIT FOODS, LLC
- **Address:** 1471 W. Commerce Ct., TUCSON, AZ, 85746-6016
- **NAICS:** 424410
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $820K
- **Initial approval:** $820K
- **Forgiven:** $826K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $615K
- **Utilities:** $205K
- **Jobs reported:** 95
## Lender
- **Originating:** Washington Federal Bank d/b/a WaFd Bank
- **Servicing:** Washington Federal Bank d/b/a WaFd Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*