# PPP loan: MSC ENGINEERS, INC.
> **$290K** approved 04/12/2020 · Paid in Full · Loan `3770187100`
## Borrower
- **Name:** MSC ENGINEERS, INC.
- **Address:** 3470 Pipebend Place NE, Suite 120, SALEM, OR, 97301-1736
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $290K
- **Initial approval:** $290K
- **Forgiven:** $292K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $218K
- **Utilities:** $73K
- **Jobs reported:** 15
## Lender
- **Originating:** Washington Federal Bank d/b/a WaFd Bank
- **Servicing:** Washington Federal Bank d/b/a WaFd Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*