# PPP loan: MARKESMAN LLC
> **$974K** approved 04/28/2020 · Paid in Full · Loan `1498747310`
## Borrower
- **Name:** MARKESMAN LLC
- **Address:** 11817 CANON BLVD, NEWPORT NEWS, VA, 23606-4519
- **NAICS:** 541512
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $974K
- **Initial approval:** $974K
- **Forgiven:** $990K (102%)
- **Forgiveness date:** 12/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $860K
- **Mortgage interest:** $90K
- **Utilities:** $24K
- **Jobs reported:** 68
## Lender
- **Originating:** Burke and Herbert Bank and Trust Company
- **Servicing:** Burke & Herbert Bank & Trust Company (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*