# PPP loan: MERLO PLUMBING CO., INC.
> **$1.51M** approved 04/07/2020 · Paid in Full · Loan `7028137002`
## Borrower
- **Name:** MERLO PLUMBING CO., INC.
- **Address:** 11041 Gravois Industrial Court, SAINT LOUIS, MO, 63128-2012
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.51M
- **Initial approval:** $1.51M
- **Forgiven:** $1.52M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.51M
- **Jobs reported:** 57
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*