# PPP loan: MERIT CONSTRUCTION, INC.
> **$919K** approved 04/15/2020 · Paid in Full · Loan `8826467104`
## Borrower
- **Name:** MERIT CONSTRUCTION, INC.
- **Address:** 10435 Dutchtown Road, Knoxville, TN, 37932-2512
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $919K
- **Initial approval:** $960K
- **Forgiven:** $923K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $919K
- **Jobs reported:** 66
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*