# PPP loan: MONARCH SILICA, LLC
> **$626K** approved 04/15/2020 · Paid in Full · Loan `8776357107`
## Borrower
- **Name:** MONARCH SILICA, LLC
- **Address:** 6606 FM 1488 RD, MAGNOLIA, TX, 77354-2544
- **NAICS:** 212399
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $626K
- **Initial approval:** $626K
- **Forgiven:** $631K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $626K
- **Jobs reported:** 42
## Lender
- **Originating:** Prosperity Bank
- **Servicing:** Prosperity Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*