# PPP loan: MERRELL BROS., INC.
> **$1.81M** approved 04/09/2020 · Paid in Full · Loan `8904317003`
## Borrower
- **Name:** MERRELL BROS., INC.
- **Address:** 8811 W 500 N, KOKOMO, IN, 46901-8776
- **NAICS:** 562920
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.81M
- **Initial approval:** $1.81M
- **Forgiven:** $1.83M (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.81M
- **Jobs reported:** 132
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*