# PPP loan: MONROE TRACTOR & IMPLEMENT CO. INC.
> **$3.72M** approved 04/15/2020 · Paid in Full · Loan `8383307102`
## Borrower
- **Name:** MONROE TRACTOR & IMPLEMENT CO. INC.
- **Address:** 1001 Lehigh Station Road, Henrietta, NY, 14467
- **NAICS:** 532412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.72M
- **Initial approval:** $3.72M
- **Forgiven:** $3.76M (101%)
- **Forgiveness date:** 06/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.00M
- **Rent:** $286K
- **Utilities:** $61K
- **Health care:** $233K
- **Debt interest:** $145K
- **Jobs reported:** 248
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*