# PPP loan: MARANZ, INC.
> **$1.31M** approved 04/07/2020 · Paid in Full · Loan `7542707010`
## Borrower
- **Name:** MARANZ, INC.
- **Address:** 2860 Lowery Street, Winston Salem, NC, 27101-6128
- **NAICS:** 326299
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.31M
- **Initial approval:** $1.31M
- **Forgiven:** $1.28M (97%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.31M
- **Jobs reported:** 129
## Lender
- **Originating:** The Fidelity Bank
- **Servicing:** The Fidelity Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*