# PPP loan: S. MARTINELLI & COMPANY
> **$3.89M** approved 04/27/2020 · Paid in Full · Loan `5089257204`
## Borrower
- **Name:** S. MARTINELLI & COMPANY
- **Address:** 735 Beach Street, WATSONVILLE, CA, 95076
- **NAICS:** 311411
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $3.89M
- **Initial approval:** $3.89M
- **Forgiven:** $3.94M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.89M
- **Jobs reported:** 326
## Lender
- **Originating:** Santa Cruz County Bank
- **Servicing:** Santa Cruz County Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*