# PPP loan: MERLE NORMAN COSMETICS INC.
> **$2.00M** approved 03/12/2021 · Paid in Full · Loan `9478678504`
## Borrower
- **Name:** MERLE NORMAN COSMETICS INC.
- **Address:** 9130 Bellanca Ave, Los Angeles, CA, 90045-4710
- **NAICS:** 325620
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.03M (102%)
- **Forgiveness date:** 09/29/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Jobs reported:** 202
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*