# PPP loan: MAR-ECO INC
> **$832K** approved 04/08/2020 · Paid in Full · Loan `8628337001`
## Borrower
- **Name:** MAR-ECO INC
- **Address:** 301 WALKER RD, CHAMBERSBURG, PA, 17201-3507
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $832K
- **Initial approval:** $832K
- **Forgiven:** $839K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $666K
- **Utilities:** $166K
- **Jobs reported:** 97
## Lender
- **Originating:** Farmers and Merchants Trust Company of Chambersburg
- **Servicing:** Farmers and Merchants Trust Company of Chambersburg (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*