# PPP loan: MARTIN FLUID POWER COMPANY
> **$873K** approved 04/08/2020 · Paid in Full · Loan `7898297008`
## Borrower
- **Name:** MARTIN FLUID POWER COMPANY
- **Address:** 900 E Whitcomb Ave., MADISON HEIGHTS, MI, 48071-5612
- **NAICS:** 339991
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $873K
- **Initial approval:** $873K
- **Forgiven:** $878K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $873K
- **Jobs reported:** 92
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*