# PPP loan: MARTIN CONTROL & EQUIPMENT CO
> **$331K** approved 03/18/2021 · Paid in Full · Loan `4730378606`
## Borrower
- **Name:** MARTIN CONTROL & EQUIPMENT CO
- **Address:** 11008 Richardson Rd Ste A, Ashland, VA, 23005-3531
- **NAICS:** 332410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $331K
- **Initial approval:** $331K
- **Forgiven:** $334K (101%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $331K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Primis Bank
- **Servicing:** Primis Bank (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*