# PPP loan: MERCED TRANSPORTATION COMPANY
> **$376K** approved 01/25/2021 · Paid in Full · Loan `5648698309`
## Borrower
- **Name:** MERCED TRANSPORTATION COMPANY
- **Address:** 300 Grogan Ave, Merced, CA, 95341-6446
- **NAICS:** 485210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $376K
- **Initial approval:** $376K
- **Forgiven:** $380K (101%)
- **Forgiveness date:** 05/31/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $376K
- **Utilities:** $1
- **Jobs reported:** 35
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*