# PPP loan: NCM ENGINEERING CORP.
> **$612K** approved 04/29/2020 · Paid in Full · Loan `2372697307`
## Borrower
- **Name:** NCM ENGINEERING CORP.
- **Address:** 22362 GILBERTO STE 125, RANCHO SANTA MARGARITA, CA, 92688-2142
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $612K
- **Initial approval:** $612K
- **Forgiven:** $618K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $521K
- **Rent:** $40K
- **Utilities:** $6K
- **Health care:** $45K
- **Jobs reported:** 28
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*