# PPP loan: MARCS, INC
> **$814K** approved 04/13/2020 · Paid in Full · Loan `5523757107`
## Borrower
- **Name:** MARCS, INC
- **Address:** 5190 N TEST DRIVE, FLAGSTAFF, AZ, 86004-2928
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $814K
- **Initial approval:** $814K
- **Forgiven:** $822K (101%)
- **Forgiveness date:** 05/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $610K
- **Rent:** $102K
- **Utilities:** $102K
- **Jobs reported:** 57
## Lender
- **Originating:** Sunwest Bank
- **Servicing:** Sunwest Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*