# PPP loan: MERZ HEATING & AIR CONDITIONING, INC
> **$381K** approved 04/06/2020 · Paid in Full · Loan `6219757009`
## Borrower
- **Name:** MERZ HEATING & AIR CONDITIONING, INC
- **Address:** 509 S Willow, EFFINGHAM, IL, 62401-3756
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $381K
- **Initial approval:** $381K
- **Forgiven:** $383K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $381K
- **Jobs reported:** 23
## Lender
- **Originating:** Teutopolis State Bank
- **Servicing:** Teutopolis State Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*