# PPP loan: MGC UTILITY DESIGN
> **$232K** approved 03/31/2021 · Paid in Full · Loan `3938128704`
## Borrower
- **Name:** MGC UTILITY DESIGN
- **Address:** 1770 41st Ave, San Francisco, CA, 94122-4002
- **NAICS:** 237210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $232K
- **Initial approval:** $85K
- **Forgiven:** $235K (101%)
- **Forgiveness date:** 05/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $232K
- **Jobs reported:** 8
## Lender
- **Originating:** Sunwest Bank
- **Servicing:** Sunwest Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*