# PPP loan: MARS ELECTRIC CO
> **$2.36M** approved 04/10/2020 · Paid in Full · Loan `2521397109`
## Borrower
- **Name:** MARS ELECTRIC CO
- **Address:** 6655 BETA DR, Ste 200, Mayfield Village, OH, 44143-2320
- **NAICS:** 423610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.36M
- **Initial approval:** $2.36M
- **Forgiven:** $2.39M (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.36M
- **Jobs reported:** 166
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*