# PPP loan: MERCFUEL INC
> **$392K** approved 04/13/2020 · Paid in Full · Loan `4571097110`
## Borrower
- **Name:** MERCFUEL INC
- **Address:** 2780 SKYPARK DR 300, TORRANCE, CA, 90505-5315
- **NAICS:** 488190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $392K
- **Initial approval:** $392K
- **Forgiven:** $395K (101%)
- **Forgiveness date:** 01/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $392K
- **Jobs reported:** 34
## Lender
- **Originating:** Sunwest Bank
- **Servicing:** Sunwest Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*