# PPP loan: MERIT GAGE INC
> **$346K** approved 04/12/2020 · Paid in Full · Loan `3925947109`
## Borrower
- **Name:** MERIT GAGE INC
- **Address:** 3954 MEADOWBROOK RD, MINNEAPOLIS, MN, 55426-4506
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $346K
- **Initial approval:** $356K
- **Forgiven:** $349K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $346K
- **Jobs reported:** 35
## Lender
- **Originating:** Citizens Independent Bank
- **Servicing:** Citizens Independent Bank (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*