# PPP loan: JL MARINE SYSTEMS, INC.
> **$1.31M** approved 04/05/2020 · Paid in Full · Loan `5493937002`
## Borrower
- **Name:** JL MARINE SYSTEMS, INC.
- **Address:** 9010 PALM RIVER RD, TAMPA, FL, 33619-4326
- **NAICS:** 335314
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.31M
- **Initial approval:** $1.50M
- **Forgiven:** $1.32M (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.31M
- **Jobs reported:** 120
## Lender
- **Originating:** BankUnited, National Association
- **Servicing:** BankUnited, National Association (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*