# PPP loan: MERCALDO LAW FIRM LTD.
> **$155K** approved 04/14/2020 · Paid in Full · Loan `6545307107`
## Borrower
- **Name:** MERCALDO LAW FIRM LTD.
- **Address:** 1853 N KOLB RD, TUCSON, AZ, 85715-4900
- **NAICS:** 541110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $155K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $147K
- **Rent:** $8K
- **Jobs reported:** 13
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*