# PPP loan: MERITUS ENTERPRISES INC
> **$991K** approved 04/28/2020 · Paid in Full · Loan `9525007205`
## Borrower
- **Name:** MERITUS ENTERPRISES INC
- **Address:** 11116 Medical Campus Road, Hagerstown, MD, 21742
- **NAICS:** 621512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $991K
- **Initial approval:** $991K
- **Forgiven:** $1.00M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $991K
- **Jobs reported:** 67
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*