# PPP loan: MERCHANT PROCESSING SOLUTIONS INC.
> **$154K** approved 04/07/2021 · Paid in Full · Loan `7956088707`
## Borrower
- **Name:** MERCHANT PROCESSING SOLUTIONS INC.
- **Address:** 200 Harry S Truman Pkwy, Annapolis, MD, 21401-7601
- **NAICS:** 524210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $155K (101%)
- **Forgiveness date:** 01/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $154K
- **Utilities:** $1
- **Jobs reported:** 13
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*