# PPP loan: MARION ENGINEERING & TECHNOLOGY INC.
> **$303K** approved 04/08/2020 · Paid in Full · Loan `7964867001`
## Borrower
- **Name:** MARION ENGINEERING & TECHNOLOGY INC.
- **Address:** P.O. Box 924, 1309 West Nelson St., MARION, IN, 46952
- **NAICS:** 453998
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $303K
- **Initial approval:** $303K
- **Forgiven:** $306K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $303K
- **Jobs reported:** 20
## Lender
- **Originating:** STAR Financial Bank
- **Servicing:** STAR Financial Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*