# PPP loan: MARINE EXPRESS, INC.
> **$350K** approved 04/13/2020 · Paid in Full · Loan `5277417103`
## Borrower
- **Name:** MARINE EXPRESS, INC.
- **Address:** 249 Calle Concordia, MAYAGUEZ, PR, 00680
- **NAICS:** 483111
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $350K
- **Initial approval:** $350K
- **Forgiven:** $352K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $274K
- **Rent:** $70K
- **Utilities:** $6K
- **Jobs reported:** 53
## Lender
- **Originating:** FirstBank Puerto Rico
- **Servicing:** FirstBank Puerto Rico (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*