# PPP loan: MERRION OIL & GAS CORPORATION
> **$392K** approved 04/08/2020 · Paid in Full · Loan `8717857006`
## Borrower
- **Name:** MERRION OIL & GAS CORPORATION
- **Address:** 610 Reilly Avenue, FARMINGTON, NM, 87401-2634
- **NAICS:** 211130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $392K
- **Initial approval:** $392K
- **Forgiven:** $395K (101%)
- **Forgiveness date:** 01/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $381K
- **Utilities:** $4K
- **Health care:** $7K
- **Jobs reported:** 23
## Lender
- **Originating:** The Citizens Bank
- **Servicing:** The Citizens Bank (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*