# PPP loan: THE MARCUS ORGANIZATION INC.
> **$265K** approved 04/07/2020 · Paid in Full · Loan `7131177001`
## Borrower
- **Name:** THE MARCUS ORGANIZATION INC.
- **Address:** 155 Schmitt Blvd, FARMINGDALE, NY, 11735-1403
- **NAICS:** 236210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $265K
- **Initial approval:** $265K
- **Forgiven:** $266K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $204K
- **Rent:** $24K
- **Utilities:** $19K
- **Health care:** $17K
- **Jobs reported:** 14
## Lender
- **Originating:** Commercial Bank
- **Servicing:** Commercial Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*