# PPP loan: MARTIN CALIBRATION INC.
> **$1.25M** approved 04/09/2020 · Paid in Full · Loan `1134567107`
## Borrower
- **Name:** MARTIN CALIBRATION INC.
- **Address:** 11965 12th Ave S., BURNSVILLE, MN, 55337-1404
- **NAICS:** 541380
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.25M
- **Initial approval:** $1.25M
- **Forgiven:** $1.27M (101%)
- **Forgiveness date:** 06/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.25M
- **Jobs reported:** 115
## Lender
- **Originating:** Vibrant Credit Union
- **Servicing:** Vibrant Credit Union (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*