# PPP loan: MERCHANT BANK LLC
> **$937K** approved 04/28/2020 · Paid in Full · Loan `8643157200`
## Borrower
- **Name:** MERCHANT BANK LLC
- **Address:** 172 MONMOUTH ST, 1ST FLOOR, RED BANK, NJ, 07701
- **NAICS:** 522320
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $937K
- **Initial approval:** $937K
- **Forgiven:** $949K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $937K
- **Jobs reported:** 29
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*