# PPP loan: MARTINAL PROPERTY CORP
> **$1.63M** approved 04/27/2020 · Paid in Full · Loan `3505627209`
## Borrower
- **Name:** MARTINAL PROPERTY CORP
- **Address:** 701 Ponce de Leon Ave. Centro de Seguros Bldg. Suite 309, SAN JUAN, PR, 00907
- **NAICS:** 531311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.63M
- **Initial approval:** $1.63M
- **Forgiven:** $1.65M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.63M
- **Jobs reported:** 460
## Lender
- **Originating:** Banco Popular de Puerto Rico
- **Servicing:** Banco Popular de Puerto Rico (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*