# PPP loan: MARGEP INC.
> **$231K** approved 03/28/2021 · Paid in Full · Loan `2078998701`
## Borrower
- **Name:** MARGEP INC.
- **Address:** 1111 Montecito Dr, Minden, NV, 89423-4230
- **NAICS:** 722410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $231K
- **Initial approval:** $231K
- **Forgiven:** $233K (101%)
- **Forgiveness date:** 02/01/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $231K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** Heritage Bank
- **Servicing:** Heritage Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*