# PPP loan: MRC VENTURES INC
> **$224K** approved 01/22/2021 · Paid in Full · Loan `4053768302`
## Borrower
- **Name:** MRC VENTURES INC
- **Address:** 3925 16th St, Moline, IL, 61265-7217
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $224K
- **Initial approval:** $224K
- **Forgiven:** $226K (101%)
- **Forgiveness date:** 01/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $224K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** Quad City Bank and Trust Company
- **Servicing:** Quad City Bank and Trust Company (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*