# PPP loan: A&G MACHINE SHOP INC.
> **$325K** approved 04/28/2020 · Paid in Full · Loan `1126447302`
## Borrower
- **Name:** A&G MACHINE SHOP INC.
- **Address:** 1352 BURTON AVE, SALINAS, CA, 93901
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $325K
- **Initial approval:** $340K
- **Forgiven:** $328K (101%)
- **Forgiveness date:** 05/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $325K
- **Jobs reported:** 30
## Lender
- **Originating:** Mechanics Bank
- **Servicing:** Mechanics Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*