# PPP loan: MARINE TECH WIRE AND CABLE, INC.
> **$353K** approved 04/13/2020 · Paid in Full · Loan `5437077108`
## Borrower
- **Name:** MARINE TECH WIRE AND CABLE, INC.
- **Address:** 631 South Richland Avenue Building 200, YORK, PA, 17403-3445
- **NAICS:** 335929
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $353K
- **Initial approval:** $353K
- **Forgiven:** $356K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $291K
- **Rent:** $31K
- **Utilities:** $7K
- **Health care:** $19K
- **Debt interest:** $5K
- **Jobs reported:** 34
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*