# PPP loan: C & M SPRING ENGINEERING CO. INC
> **$235K** approved 05/11/2020 · Paid in Full · Loan `5003337400`
## Borrower
- **Name:** C & M SPRING ENGINEERING CO. INC
- **Address:** 5244 Las Flores Drive, Chino, CA, 91710
- **NAICS:** 332613
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $235K
- **Initial approval:** $235K
- **Forgiven:** $210K (89%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $199K
- **Rent:** $16K
- **Utilities:** $7K
- **Health care:** $12K
- **Jobs reported:** 24
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*