# PPP loan: MARTELL ELECTRIC, LLC
> **$2.64M** approved 04/08/2020 · Paid in Full · Loan `8275817007`
## Borrower
- **Name:** MARTELL ELECTRIC, LLC
- **Address:** 4601 CLEVELAND RD, SOUTH BEND, IN, 46628-9742
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.64M
- **Initial approval:** $2.64M
- **Forgiven:** $2.67M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.64M
- **Jobs reported:** 128
## Lender
- **Originating:** Centier Bank
- **Servicing:** Centier Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*