# PPP loan: MERIT CONTRACTING INC.
> **$824K** approved 04/09/2020 · Paid in Full · Loan `9804207002`
## Borrower
- **Name:** MERIT CONTRACTING INC.
- **Address:** 4661 HADLEY VIEW CT NE, ROCHESTER, MN, 55906
- **NAICS:** 238160
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $824K
- **Initial approval:** $824K
- **Forgiven:** $828K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $824K
- **Jobs reported:** 52
## Lender
- **Originating:** West Bank
- **Servicing:** West Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*