# PPP loan: MONARK EQUIPMENT TECHNOLOGIES COMPANY
> **$183K** approved 02/05/2021 · Paid in Full · Loan `3518908401`
## Borrower
- **Name:** MONARK EQUIPMENT TECHNOLOGIES COMPANY
- **Address:** 4533 Garfield Rd, Auburn, MI, 48611-9504
- **NAICS:** 333249
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $183K
- **Initial approval:** $183K
- **Forgiven:** $184K (100%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $183K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** Thumb Bank & Trust
- **Servicing:** Thumb Bank & Trust (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*