# PPP loan: MAR-K TOWING INC
> **$201K** approved 04/29/2020 · Paid in Full · Loan `2311917308`
## Borrower
- **Name:** MAR-K TOWING INC
- **Address:** 3700 W 16th Street, Panama City, FL, 32401
- **NAICS:** 488410
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $201K
- **Initial approval:** $201K
- **Forgiven:** $204K (102%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $199K
- **Rent:** $1K
- **Utilities:** $1K
- **Jobs reported:** 21
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*