# PPP loan: MONARCH TEXTILES RENTAL SERVICES
> **$317K** approved 04/10/2020 · Paid in Full · Loan `2382717108`
## Borrower
- **Name:** MONARCH TEXTILES RENTAL SERVICES
- **Address:** 812 Wilbert St, SOUTH BEND, IN, 46628
- **NAICS:** 812331
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $317K
- **Initial approval:** $317K
- **Forgiven:** $319K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $317K
- **Jobs reported:** 52
## Lender
- **Originating:** 1st Source Bank
- **Servicing:** 1st Source Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*