# PPP loan: SK MACHINES INC
> **$231K** approved 04/13/2020 · Paid in Full · Loan `5453927103`
## Borrower
- **Name:** SK MACHINES INC
- **Address:** 7355 E. SLAUSON AVE, LOS ANGELES, CA, 90040-3626
- **NAICS:** 333999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $231K
- **Initial approval:** $231K
- **Forgiven:** $234K (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $185K
- **Rent:** $32K
- **Utilities:** $14K
- **Jobs reported:** 48
## Lender
- **Originating:** PCB Bank
- **Servicing:** PCB Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*