# PPP loan: UNITED ENGINE & MACHINE CO. INC
> **$423K** approved 04/10/2020 · Paid in Full · Loan `2201207110`
## Borrower
- **Name:** UNITED ENGINE & MACHINE CO. INC
- **Address:** 1040 CORBETT ST, CARSON CITY, NV, 89706-3131
- **NAICS:** 336310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $423K
- **Initial approval:** $423K
- **Forgiven:** $428K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $381K
- **Rent:** $30K
- **Utilities:** $12K
- **Jobs reported:** 36
## 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*