# PPP loan: STG MACHINE
> **$700K** approved 05/01/2020 · Paid in Full · Loan `4632017701`
## Borrower
- **Name:** STG MACHINE
- **Address:** 481 GIANNI ST., SANTA CLARA, CA, 95054
- **NAICS:** 332710
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $700K
- **Initial approval:** $700K
- **Forgiven:** $708K (101%)
- **Forgiveness date:** 05/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $700K
- **Jobs reported:** 38
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*