# PPP loan: EFFECTIVE MERCH LLC
> **$515K** approved 03/20/2021 · Paid in Full · Loan `5274308607`
## Borrower
- **Name:** EFFECTIVE MERCH LLC
- **Address:** 3360 NW 110th St, Miami, FL, 33167-3720
- **NAICS:** 323113
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $515K
- **Initial approval:** $515K
- **Forgiven:** $519K (101%)
- **Forgiveness date:** 01/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $515K
- **Jobs reported:** 100
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*