# PPP loan: MERIDIAN ENGINEERING, INC
> **$1.55M** approved 04/30/2020 · Paid in Full · Loan `7543987309`
## Borrower
- **Name:** MERIDIAN ENGINEERING, INC
- **Address:** 3855 N BUSINESS CENTER DR, TUCSON, AZ, 85705-2979
- **NAICS:** 237990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.55M
- **Initial approval:** $1.55M
- **Forgiven:** $1.56M (101%)
- **Forgiveness date:** 04/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.55M
- **Jobs reported:** 294
## Lender
- **Originating:** Southwest Heritage Bank
- **Servicing:** Southwest Heritage Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*