# PPP loan: MARK ELECTRONICS INC.
> **$233K** approved 01/16/2021 · Paid in Full · Loan `1188898310`
## Borrower
- **Name:** MARK ELECTRONICS INC.
- **Address:** 1893 Rochester Industrial Dr, Rochester Hills, MI, 48309-3342
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $233K
- **Initial approval:** $233K
- **Forgiven:** $234K (101%)
- **Forgiveness date:** 10/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $233K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** Oxford Bank
- **Servicing:** Oxford Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*