# PPP loan: MERCADIAN GROUP
> **$2.79M** approved 04/05/2020 · Paid in Full · Loan `5502957000`
## Borrower
- **Name:** MERCADIAN GROUP
- **Address:** 3625 Quakerbridge Road, TRENTON, NJ, 08619
- **NAICS:** 541990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.79M
- **Initial approval:** $2.79M
- **Forgiven:** $2.55M (91%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.79M
- **Jobs reported:** 158
## Lender
- **Originating:** OceanFirst Bank, National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*