# PPP loan: MARICH INC,
> **$1.20M** approved 04/09/2020 · Paid in Full · Loan `9162847003`
## Borrower
- **Name:** MARICH INC,
- **Address:** 4213 HOOVER RD, GROVE CITY, OH, 43123-3617
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.20M
- **Initial approval:** $1.20M
- **Forgiven:** $1.19M (99%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $900K
- **Rent:** $300K
- **Jobs reported:** 328
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*