# PPP loan: MARATHON ADMINISTRATIVE COMPANY INC.
> **$850K** approved 04/13/2020 · Paid in Full · Loan `4481527104`
## Borrower
- **Name:** MARATHON ADMINISTRATIVE COMPANY INC.
- **Address:** PO Box 961, O FALLON, IL, 62269-0961
- **NAICS:** 524291
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $850K
- **Initial approval:** $850K
- **Forgiven:** $862K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $793K
- **Rent:** $54K
- **Utilities:** $3K
- **Jobs reported:** 70
## Lender
- **Originating:** Texas Capital Bank
- **Servicing:** Texas Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*