# PPP loan: JG MARTELL GROUP INC
> **$662K** approved 02/06/2021 · Paid in Full · Loan `4207828409`
## Borrower
- **Name:** JG MARTELL GROUP INC
- **Address:** 10877 Wilshire Blvd Ste 2300, Los Angeles, CA, 90024-4366
- **NAICS:** 531390
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $662K
- **Initial approval:** $662K
- **Forgiven:** $670K (101%)
- **Forgiveness date:** 04/12/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $662K
- **Utilities:** $1
- **Jobs reported:** 44
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*