# PPP loan: MERKEL & ASSOCIATES, INC.
> **$425K** approved 04/08/2020 · Paid in Full · Loan `7846037009`
## Borrower
- **Name:** MERKEL & ASSOCIATES, INC.
- **Address:** 5434 Ruffin Road, SAN DIEGO, CA, 92123-1313
- **NAICS:** 541713
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $425K
- **Initial approval:** $425K
- **Forgiven:** $427K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $425K
- **Jobs reported:** 26
## Lender
- **Originating:** California CU
- **Servicing:** California CU (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*