# PPP loan: MONARCH GRAPHICS INC.
> **$172K** approved 01/28/2021 · Paid in Full · Loan `7847728307`
## Borrower
- **Name:** MONARCH GRAPHICS INC.
- **Address:** 28440 Old 41 Rd Ste 6, Bonita Springs, FL, 34135-7070
- **NAICS:** 323111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $173K (101%)
- **Forgiveness date:** 12/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $172K
- **Jobs reported:** 11
## Lender
- **Originating:** Blue Ridge Bank, National Association
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*