# PPP loan: MARTINEZ AG,  INC.
> **$529K** approved 06/18/2020 · Paid in Full · Loan `8008737906`
## Borrower
- **Name:** MARTINEZ AG,  INC.
- **Address:** 11001 SANTA PAULA AVE, LAMONT, CA, 93241
- **NAICS:** 111332
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $529K
- **Initial approval:** $529K
- **Forgiven:** $535K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $429K
- **Utilities:** $100K
- **Jobs reported:** 85
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*