# PPP loan: MONICO ALLOYS INC.
> **$736K** approved 01/21/2021 · Paid in Full · Loan `2948628308`
## Borrower
- **Name:** MONICO ALLOYS INC.
- **Address:** 3039 E Ana St, East Rancho Dominguez, CA, 90221-5604
- **NAICS:** 423510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $736K
- **Initial approval:** $736K
- **Forgiven:** $745K (101%)
- **Forgiveness date:** 04/12/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $736K
- **Utilities:** $1
- **Jobs reported:** 56
## Lender
- **Originating:** Royal Business Bank
- **Servicing:** Royal Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*