# PPP loan: N.M. MACHINING, INC.
> **$368K** approved 05/01/2020 · Paid in Full · Loan `2278047707`
## Borrower
- **Name:** N.M. MACHINING, INC.
- **Address:** 175 LEWIS RD STE 25, SAN JOSE, CA, 95111
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $368K
- **Initial approval:** $368K
- **Forgiven:** $370K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $331K
- **Mortgage interest:** $14K
- **Utilities:** $5K
- **Health care:** $13K
- **Debt interest:** $5K
- **Jobs reported:** 31
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*