# PPP loan: MERIT ELECTRIC LLC
> **$679K** approved 01/27/2021 · Paid in Full · Loan `6811638308`
## Borrower
- **Name:** MERIT ELECTRIC LLC
- **Address:** 1455 W Hubbard St Ste 266, Chicago, IL, 60642-6316
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $679K
- **Initial approval:** $679K
- **Status:** Paid in Full
- **Term:** 41 months
## Use of funds
- **Payroll:** $679K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*