# PPP loan: MONARX, INC
> **$226K** approved 04/14/2020 · Paid in Full · Loan `7639437106`
## Borrower
- **Name:** MONARX, INC
- **Address:** 8 E BROADWAY STE 700, SALT LAKE CITY, UT, 84111-2225
- **NAICS:** 339999
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $226K
- **Initial approval:** $226K
- **Forgiven:** $229K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $226K
- **Jobs reported:** 8
## Lender
- **Originating:** Cache Valley Bank
- **Servicing:** Cache Valley Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*