# PPP loan: MONCLA'S INC.
> **$258K** approved 02/05/2021 · Paid in Full · Loan `3553338402`
## Borrower
- **Name:** MONCLA'S INC.
- **Address:** 2530 W Cardinal Dr, Beaumont, TX, 77705-4653
- **NAICS:** 722320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $258K
- **Initial approval:** $258K
- **Forgiven:** $261K (101%)
- **Forgiveness date:** 03/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $258K
- **Jobs reported:** 26
## Lender
- **Originating:** Stellar Bank
- **Servicing:** Stellar Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*