# PPP loan: MARTINHO & AFONSO INC
> **$195K** approved 02/20/2021 · Paid in Full · Loan `2435038509`
## Borrower
- **Name:** MARTINHO & AFONSO INC
- **Address:** 267 Coggeshall St # 0, New Bedford, MA, 02746-1922
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 12/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $195K
- **Jobs reported:** 30
## Lender
- **Originating:** Rockland Trust Company
- **Servicing:** Rockland Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*