# PPP loan: MERIT CABLES
> **$250K** approved 07/20/2020 · Paid in Full · Loan `5903268100`
## Borrower
- **Name:** MERIT CABLES
- **Address:** 830 Poinsettia Street North, Santa Ana, CA, 92701
- **NAICS:** 339999
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 02/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $250K
- **Jobs reported:** 30
## 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*