# PPP loan: MARK ONE ELECTRIC CO., INC.
> **$4.98M** approved 04/05/2020 · Paid in Full · Loan `5561127009`
## Borrower
- **Name:** MARK ONE ELECTRIC CO., INC.
- **Address:** 1414 Genessee Street, KANSAS CITY, MO, 64102-1047
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.98M
- **Initial approval:** $4.98M
- **Forgiven:** $5.03M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.42M
- **Rent:** $480K
- **Utilities:** $80K
- **Jobs reported:** 241
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*