# PPP loan: MONFRIC INC
> **$198K** approved 04/27/2020 · Paid in Full · Loan `5460567209`
## Borrower
- **Name:** MONFRIC INC
- **Address:** 1165 Bookcliff Avenu, GRAND JUNCTION, CO, 81501
- **NAICS:** 531311
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $198K
- **Jobs reported:** 24
## Lender
- **Originating:** Alpine Bank
- **Servicing:** Alpine Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*