# PPP loan: MARLOW MERCEDES-WERKS, INC.
> **$174K** approved 04/27/2020 · Paid in Full · Loan `6262307205`
## Borrower
- **Name:** MARLOW MERCEDES-WERKS, INC.
- **Address:** 684 PONDEROSA ST, SEASIDE, CA, 93955-4235
- **NAICS:** 811111
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Forgiven:** $176K (101%)
- **Forgiveness date:** 07/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $131K
- **Rent:** $22K
- **Utilities:** $22K
- **Jobs reported:** 12
## 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*