# PPP loan: MUCHO INC.
> **$679K** approved 04/04/2020 · Paid in Full · Loan `4960727004`
## Borrower
- **Name:** MUCHO INC.
- **Address:** 2157 Clemson Way, EUGENE, OR, 97408-7218
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $679K
- **Initial approval:** $510K
- **Forgiven:** $685K (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $510K
- **Rent:** $135K
- **Utilities:** $27K
- **Debt interest:** $7K
- **Jobs reported:** 138
## Lender
- **Originating:** Oregon Pacific Banking Company dba Oregon Pacific Bank
- **Servicing:** Oregon Pacific Banking Company dba Oregon Pacific Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*