# PPP loan: MAR-FLEX SYSTEMS, LLC
> **$232K** approved 04/06/2020 · Paid in Full · Loan `5752477001`
## Borrower
- **Name:** MAR-FLEX SYSTEMS, LLC
- **Address:** 500 Business Parkway, FRANKLIN, OH, 45005-6337
- **NAICS:** 423330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $232K
- **Initial approval:** $232K
- **Forgiven:** $234K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $232K
- **Jobs reported:** 14
## Lender
- **Originating:** Farmers & Merchants Bank
- **Servicing:** Farmers & Merchants Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*