# PPP loan: MACHINE TECHNOLOGY, INC
> **$494K** approved 04/10/2020 · Paid in Full · Loan `1867707109`
## Borrower
- **Name:** MACHINE TECHNOLOGY, INC
- **Address:** 1721 Larkin Williams Road, PACIFIC, MO, 63069
- **NAICS:** 332710
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $494K
- **Initial approval:** $494K
- **Forgiven:** $500K (101%)
- **Forgiveness date:** 07/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $494K
- **Jobs reported:** 33
## Lender
- **Originating:** Enterprise Bank & Trust
- **Servicing:** Enterprise Bank & Trust (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*