# PPP loan: MERS LLC
> **$2.38M** approved 04/27/2020 · Paid in Full · Loan `4338267204`
## Borrower
- **Name:** MERS LLC
- **Address:** 398 W Illinois Avenue, MEMPHIS, TN, 38106-1566
- **NAICS:** 445120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $2.38M
- **Initial approval:** $2.38M
- **Forgiven:** $2.40M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.55M
- **Rent:** $150K
- **Mortgage interest:** $500K
- **Utilities:** $75K
- **Health care:** $100K
- **Jobs reported:** 118
## Lender
- **Originating:** St. Louis Bank
- **Servicing:** St. Louis Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*