# PPP loan: MARTIN COMMERCIAL PROPERTIES INC
> **$399K** approved 04/09/2020 · Paid in Full · Loan `9308257007`
## Borrower
- **Name:** MARTIN COMMERCIAL PROPERTIES INC
- **Address:** 1111 MICHIGAN AVE Suite 300, EAST LANSING, MI, 48823-4050
- **NAICS:** 531390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $399K
- **Initial approval:** $399K
- **Forgiven:** $402K (101%)
- **Forgiveness date:** 03/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $375K
- **Health care:** $24K
- **Jobs reported:** 33
## Lender
- **Originating:** Mercantile Bank
- **Servicing:** Mercantile Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*