# PPP loan: MONACO MECHANICAL, INC.
> **$337K** approved 04/30/2020 · Paid in Full · Loan `4988397308`
## Borrower
- **Name:** MONACO MECHANICAL, INC.
- **Address:** 5742 VENICE BLVD, LOS ANGELES, CA, 90019-5016
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Change of Ownership
## Loan
- **Approval amount:** $337K
- **Initial approval:** $337K
- **Forgiven:** $340K (101%)
- **Forgiveness date:** 04/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $213K
- **Rent:** $45K
- **Utilities:** $15K
- **Health care:** $57K
- **Debt interest:** $6K
- **Jobs reported:** 17
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*