# PPP loan: MARCIN STORES INC.
> **$431K** approved 04/15/2020 · Paid in Full · Loan `1883577205`
## Borrower
- **Name:** MARCIN STORES INC.
- **Address:** PO Box 810, Lenoir, NC, 28645
- **NAICS:** 445110
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $431K
- **Initial approval:** $431K
- **Forgiven:** $434K (101%)
- **Forgiveness date:** 11/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $431K
- **Jobs reported:** 125
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*