# PPP loan: MERSINO MANAGEMENT COMPANY
> **$549K** approved 04/07/2020 · Paid in Full · Loan `7207997008`
## Borrower
- **Name:** MERSINO MANAGEMENT COMPANY
- **Address:** 600 W DRYDEN RD, METAMORA, MI, 48455-8714
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $549K
- **Initial approval:** $3.00M
- **Forgiven:** $553K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $549K
- **Jobs reported:** 245
## Lender
- **Originating:** The State Bank
- **Servicing:** The State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*