# PPP loan: MABRO MARINE, INC.
> **$1.92M** approved 04/09/2020 · Paid in Full · Loan `9820177006`
## Borrower
- **Name:** MABRO MARINE, INC.
- **Address:** 606 Leonard C Taylor Parkway, GREEN COVE SPRINGS, FL, 32043
- **NAICS:** 488330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.92M
- **Initial approval:** $1.92M
- **Forgiven:** $1.93M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.44M
- **Utilities:** $479K
- **Jobs reported:** 120
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*