# PPP loan: MERPOL CORPORATION
> **$187K** approved 02/16/2021 · Paid in Full · Loan `9329338405`
## Borrower
- **Name:** MERPOL CORPORATION
- **Address:** 51-57 S Spring St, Elizabeth, NJ, 07201-6602
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $187K
- **Initial approval:** $187K
- **Forgiven:** $189K (101%)
- **Forgiveness date:** 03/31/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $187K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*