# PPP loan: MRD, INC.
> **$3.77M** approved 04/07/2020 · Paid in Full · Loan `7054477003`
## Borrower
- **Name:** MRD, INC.
- **Address:** 800 NORTHERN LIGHTS BLVD, ANCHORAGE, AK, 99503-3713
- **NAICS:** 722514
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.77M
- **Initial approval:** $3.77M
- **Forgiven:** $3.82M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.77M
- **Jobs reported:** 500
## Lender
- **Originating:** Northrim Bank
- **Servicing:** Northrim Bank (AK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*