# PPP loan: MARTEX FARMS SE
> **$1.42M** approved 05/01/2020 · Paid in Full · Loan `9409597700`
## Borrower
- **Name:** MARTEX FARMS SE
- **Address:** Carr 1 Km 96, Santa Isabel, PR, 00757
- **NAICS:** 111339
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.42M
- **Initial approval:** $1.42M
- **Forgiven:** $1.43M (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.42M
- **Jobs reported:** 325
## Lender
- **Originating:** Banco Popular de Puerto Rico
- **Servicing:** Banco Popular de Puerto Rico (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*