# PPP loan: MERRY ELECTRONICS (U.S.A.) CO., LTD.
> **$262K** approved 05/28/2020 · Paid in Full · Loan `4418887801`
## Borrower
- **Name:** MERRY ELECTRONICS (U.S.A.) CO., LTD.
- **Address:** 890 HILLVIEW CT STE 200, MILPITAS, CA, 95035-4565
- **NAICS:** 561990
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $262K
- **Initial approval:** $262K
- **Forgiven:** $264K (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $262K
- **Jobs reported:** 17
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*