# PPP loan: MARTINEZ ASSOCIATES INC.
> **$572K** approved 04/15/2020 · Paid in Full · Loan `8861987102`
## Borrower
- **Name:** MARTINEZ ASSOCIATES INC.
- **Address:** 23 Taylortown Rd, MONTVILLE, NJ, 07045-9743
- **NAICS:** 238290
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $572K
- **Initial approval:** $572K
- **Forgiven:** $578K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $572K
- **Jobs reported:** 18
## Lender
- **Originating:** Firstrust Savings Bank
- **Servicing:** Firstrust Savings Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*