# PPP loan: MERING HOLDINGS
> **$1.57M** approved 04/07/2020 · Paid in Full · Loan `7630787001`
## Borrower
- **Name:** MERING HOLDINGS
- **Address:** 1700 I Street, 2nd Floor, SACRAMENTO, CA, 95811-3020
- **NAICS:** 541810
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.57M
- **Initial approval:** $1.57M
- **Forgiven:** $1.58M (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.57M
- **Jobs reported:** 73
## Lender
- **Originating:** River City Bank
- **Servicing:** River City Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*