Martelli Enterprises INC

$500,000 PPP Loan in Pensacola, Florida

Loan Details

Loan Number
4295847102
Date Approved
Apr 13, 2020
Loan Status
Exemption 4
Initial Approval
$500,000
Current Approval
$500,000
Forgiveness Amount
$406,111
Forgiveness Date
Nov 3, 2022
Term
60 months
Draw
First Draw

Business Information

Business Name
Martelli Enterprises INC
Address
5450 North W Street
State
Florida
ZIP Code
32505
Business Type
Corporation
Industry (NAICS)
Retail Trade (451130)
Business Age
Existing or more than 2 years old
Jobs Reported
44
Estimated Revenue
$10.4M
Rural/Urban
Urban
Congressional District
FL-01

Loan Use Breakdown

Payroll
$375,000
Rent
$62,500
Utilities
$62,500

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
First Source Federal Credit Union

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