# PPP loan: MPD HOLDINGS, INC.
> **$274K** approved 05/01/2020 · Paid in Full · Loan `2938167704`
## Borrower
- **Name:** MPD HOLDINGS, INC.
- **Address:** 16200 Commerce Way, Cerritos, CA, 90703
- **NAICS:** 334118
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $274K
- **Initial approval:** $274K
- **Forgiven:** $278K (101%)
- **Forgiveness date:** 09/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $214K
- **Rent:** $53K
- **Utilities:** $6K
- **Debt interest:** $2K
- **Jobs reported:** 38
## 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*