# PPP loan: MONARCH POOLS INCORPORATED
> **$531K** approved 04/15/2020 · Paid in Full · Loan `8578987107`
## Borrower
- **Name:** MONARCH POOLS INCORPORATED
- **Address:** 17555 GROESCHKE RD, HOUSTON, TX, 77084-4629
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $531K
- **Initial approval:** $531K
- **Forgiven:** $535K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $531K
- **Jobs reported:** 47
## Lender
- **Originating:** Guaranty Bank & Trust, National Association
- **Servicing:** Guaranty Bank & Trust, National Association (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*