# PPP loan: MERIT MILE LLC
> **$223K** approved 05/01/2020 · Paid in Full · Loan `5260547710`
## Borrower
- **Name:** MERIT MILE LLC
- **Address:** 131 NE 1ST AVE STE 100, BOCA RATON, FL, 33432-3966
- **NAICS:** 541810
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $223K
- **Initial approval:** $223K
- **Forgiven:** $225K (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $223K
- **Jobs reported:** 15
## 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*