# PPP loan: MERIDIAN PACIFIC CAPITAL INC
> **$330K** approved 04/13/2020 · Paid in Full · Loan `5511017100`
## Borrower
- **Name:** MERIDIAN PACIFIC CAPITAL INC
- **Address:** 910 W SAN MARCOS BLVD SUITE 210, SAN MARCOS, CA, 92078-1110
- **NAICS:** 531110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $330K
- **Initial approval:** $330K
- **Forgiven:** $332K (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $271K
- **Rent:** $9K
- **Mortgage interest:** $19K
- **Utilities:** $2K
- **Health care:** $28K
- **Jobs reported:** 28
## Lender
- **Originating:** BankPlus
- **Servicing:** BankPlus (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*