# PPP loan: MERRITT RESTAURANT GROUP
> **$229K** approved 02/06/2021 · Paid in Full · Loan `4236498405`
## Borrower
- **Name:** MERRITT RESTAURANT GROUP
- **Address:** 401 W Magnolia Ave, Fort Worth, TX, 76104-7618
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $229K
- **Initial approval:** $229K
- **Forgiven:** $230K (100%)
- **Forgiveness date:** 08/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $229K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*