# PPP loan: MERIT ALUMINUM, INC.
> **$3.56M** approved 04/06/2020 · Paid in Full · Loan `5776577001`
## Borrower
- **Name:** MERIT ALUMINUM, INC.
- **Address:** 2480 RAILROAD ST, CORONA, CA, 92880-5418
- **NAICS:** 331313
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.56M
- **Initial approval:** $3.56M
- **Forgiven:** $3.60M (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.56M
- **Jobs reported:** 213
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*