# PPP loan: MC2 SABTECH HOLDINGS INC.
> **$720K** approved 04/13/2020 · Paid in Full · Loan `5328087101`
## Borrower
- **Name:** MC2 SABTECH HOLDINGS INC.
- **Address:** 22705 SAVI RANCH PKWY, YORBA LINDA, CA, 92887-4604
- **NAICS:** 334111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $720K
- **Initial approval:** $720K
- **Forgiven:** $725K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $720K
- **Jobs reported:** 37
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*