# PPP loan: SALERNO MAJIK INC
> **$611K** approved 01/20/2021 · Paid in Full · Loan `2025428309`
## Borrower
- **Name:** SALERNO MAJIK INC
- **Address:** 128 S Sewalls Point Rd, Stuart, FL, 34996-6335
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $611K
- **Initial approval:** $611K
- **Forgiven:** $614K (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $611K
- **Jobs reported:** 95
## Lender
- **Originating:** Seacoast National Bank
- **Servicing:** Seacoast National Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*