# PPP loan: THE MERAMEC GROUP, INC.
> **$2.25M** approved 04/09/2020 · Paid in Full · Loan `9047387001`
## Borrower
- **Name:** THE MERAMEC GROUP, INC.
- **Address:** 338 Ramsey Drive, SULLIVAN, MO, 63080-1456
- **NAICS:** 316210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.25M
- **Initial approval:** $2.25M
- **Forgiven:** $2.28M (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.11M
- **Rent:** $42K
- **Utilities:** $60K
- **Jobs reported:** 228
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*