# PPP loan: MARTEN MODELS AND MOLDS, INC
> **$434K** approved 04/28/2020 · Paid in Full · Loan `1470987310`
## Borrower
- **Name:** MARTEN MODELS AND MOLDS, INC
- **Address:** 18291 Mike C Court, Fraser, MI, 48026-1613
- **NAICS:** 333511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $434K
- **Initial approval:** $434K
- **Forgiven:** $437K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $347K
- **Mortgage interest:** $87K
- **Jobs reported:** 24
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*