# PPP loan: MONARCH STAINLESS LTD
> **$238K** approved 04/15/2020 · Paid in Full · Loan `9692627102`
## Borrower
- **Name:** MONARCH STAINLESS LTD
- **Address:** 4545 PINE TIMBERS, HOUSTON, TX, 77041
- **NAICS:** 423510
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $238K
- **Initial approval:** $238K
- **Forgiven:** $239K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $238K
- **Jobs reported:** 10
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Cadence Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*