# PPP loan: MERLO CONSTRUCTION CO INC
> **$1.62M** approved 04/20/2021 · Paid in Full · Loan `6542948809`
## Borrower
- **Name:** MERLO CONSTRUCTION CO INC
- **Address:** 4964 Technical Dr 4964 Technical Dr, Milford, MI, 48381-3950
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.62M
- **Initial approval:** $1.62M
- **Forgiven:** $1.63M (101%)
- **Forgiveness date:** 01/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.62M
- **Utilities:** $1
- **Jobs reported:** 102
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*