# PPP loan: MERRITT HOSPITALITY, LLC
> **$5.39M** approved 04/15/2020 · Paid in Full · Loan `8696947107`
## Borrower
- **Name:** MERRITT HOSPITALITY, LLC
- **Address:** 101 Merritt 7 Corp Park, 1st Floor 0.0, Norwalk, CT, 06851-1060
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.39M
- **Initial approval:** $5.39M
- **Forgiven:** $2.75M (51%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.04M
- **Rent:** $508K
- **Utilities:** $29K
- **Health care:** $811K
- **Jobs reported:** 316
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*