# PPP loan: MERCY SHIPS
> **$2.88M** approved 04/27/2020 · Paid in Full · Loan `4177467203`
## Borrower
- **Name:** MERCY SHIPS
- **Address:** 2020 PO BOX, LINDALE, TX, 75771-2020
- **NAICS:** 813212
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.88M
- **Initial approval:** $2.88M
- **Forgiven:** $2.92M (101%)
- **Forgiveness date:** 06/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.16M
- **Rent:** $577K
- **Mortgage interest:** $58K
- **Utilities:** $87K
- **Jobs reported:** 260
## Lender
- **Originating:** Origin Bank
- **Servicing:** Origin Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*