# PPP loan: MONTEREY BAY HOMES, LLC
> **$640K** approved 04/04/2020 · Paid in Full · Loan `4605477007`
## Borrower
- **Name:** MONTEREY BAY HOMES, LLC
- **Address:** 200-J Pomona Drive, GREENSBORO, NC, 27407-1618
- **NAICS:** 236115
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $640K
- **Initial approval:** $640K
- **Forgiven:** $646K (101%)
- **Forgiveness date:** 02/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $640K
- **Jobs reported:** 42
## Lender
- **Originating:** North State Bank
- **Servicing:** North State Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*