# PPP loan: MERIT ROOFING SYSTEMS, INC.
> **$905K** approved 04/14/2020 · Paid in Full · Loan `7708787100`
## Borrower
- **Name:** MERIT ROOFING SYSTEMS, INC.
- **Address:** 675 N Glenvile Dr Ste 145, Richardson, TX, 75081-2866
- **NAICS:** 238160
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $905K
- **Initial approval:** $905K
- **Forgiven:** $913K (101%)
- **Forgiveness date:** 03/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $905K
- **Jobs reported:** 61
## Lender
- **Originating:** Oakwood Bank
- **Servicing:** Oakwood Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*