# PPP loan: MERIT CONSTRUCTION ENGINEERS, INC.
> **$239K** approved 04/14/2020 · Paid in Full · Loan `6902607102`
## Borrower
- **Name:** MERIT CONSTRUCTION ENGINEERS, INC.
- **Address:** 5700 Kirkwood Hwy Suite 201, Wilmington, DE, 19808
- **NAICS:** 453998
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $239K
- **Initial approval:** $239K
- **Forgiven:** $240K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $239K
- **Jobs reported:** 18
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*