# PPP loan: MONARK STUDENT TRANSPORTATION CORPORATION
> **$1.09M** approved 04/05/2020 · Paid in Full · Loan `5359407006`
## Borrower
- **Name:** MONARK STUDENT TRANSPORTATION CORPORATION
- **Address:** 5374 William Flynn Highway, GIBSONIA, PA, 15044-9650
- **NAICS:** 485410
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.09M
- **Initial approval:** $1.09M
- **Forgiven:** $1.10M (101%)
- **Forgiveness date:** 08/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.09M
- **Jobs reported:** 242
## Lender
- **Originating:** First National Bank of Pennsylvania
- **Servicing:** First National Bank of Pennsylvania (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*