# PPP loan: MERCER FRASER COMPANY
> **$2.66M** approved 04/07/2020 · Paid in Full · Loan `7524757010`
## Borrower
- **Name:** MERCER FRASER COMPANY
- **Address:** PO BOX 1006, EUREKA, CA, 95502-1006
- **NAICS:** 212321
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.66M
- **Initial approval:** $6.66M
- **Forgiven:** $2.70M (101%)
- **Forgiveness date:** 08/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.66M
- **Jobs reported:** 90
## Lender
- **Originating:** Umpqua Bank
- **Servicing:** Umpqua Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*