# PPP loan: MARLBORO WIRE, LTD.
> **$225K** approved 04/06/2020 · Paid in Full · Loan `5872857002`
## Borrower
- **Name:** MARLBORO WIRE, LTD.
- **Address:** 2403 N 24TH ST, QUINCY, IL, 62305-1211
- **NAICS:** 332618
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $225K
- **Initial approval:** $225K
- **Forgiven:** $227K (101%)
- **Forgiveness date:** 03/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $225K
- **Jobs reported:** 23
## Lender
- **Originating:** First Bankers Trust Company, National Association
- **Servicing:** First Bankers Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*