# PPP loan: MONTEREY PENINSULA ENGINEERING
> **$1.90M** approved 04/15/2020 · Paid in Full · Loan `1819147200`
## Borrower
- **Name:** MONTEREY PENINSULA ENGINEERING
- **Address:** 192 Healy Ave., Marina, CA, 93933
- **NAICS:** 541330
- **Business type:** Partnership
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.90M
- **Initial approval:** $1.90M
- **Forgiven:** $1.92M (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.90M
- **Jobs reported:** 93
## Lender
- **Originating:** Mechanics Bank
- **Servicing:** Mechanics Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*