# PPP loan: MPC VENTURES, INC.
> **$306K** approved 04/27/2020 · Paid in Full · Loan `3979577209`
## Borrower
- **Name:** MPC VENTURES, INC.
- **Address:** 2257  Vista Parkway, Ste. 15, WEST PALM BEACH, FL, 33411
- **NAICS:** 531390
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $306K
- **Initial approval:** $306K
- **Forgiven:** $309K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $245K
- **Mortgage interest:** $49K
- **Utilities:** $12K
- **Jobs reported:** 18
## Lender
- **Originating:** First Foundation Bank
- **Servicing:** First Foundation Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*