# PPP loan: MARBEC, INC.
> **$771K** approved 04/04/2020 · Paid in Full · Loan `4994817005`
## Borrower
- **Name:** MARBEC, INC.
- **Address:** 3502 S.E. 18th Ave., OCALA, FL, 34471-6762
- **NAICS:** 561990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $771K
- **Initial approval:** $771K
- **Forgiven:** $779K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $578K
- **Mortgage interest:** $193K
- **Jobs reported:** 200
## Lender
- **Originating:** Lake Forest Bank & Trust Company, National Association
- **Servicing:** Lake Forest Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*