# PPP loan: MCHG LLC
> **$160K** approved 04/15/2020 · Charged Off · Loan `2030177206`
## Borrower
- **Name:** MCHG LLC
- **Address:** 437 HAYES ST, SAN FRANCISCO, CA, 94102-4308
- **NAICS:** 311812
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $107K (67%)
- **Forgiveness date:** 07/29/2021
- **Status:** Charged Off
- **Term:** 1 months
## Use of funds
- **Payroll:** $133K
- **Rent:** $27K
- **Jobs reported:** 21
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*