# PPP loan: MONTEREY BAY TRANSPORT INC.
> **$157K** approved 03/01/2021 · Paid in Full · Loan `5532548504`
## Borrower
- **Name:** MONTEREY BAY TRANSPORT INC.
- **Address:** 1668 Pasadena Ct, Watsonville, CA, 95076-6689
- **NAICS:** 484121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $157K
- **Initial approval:** $157K
- **Forgiven:** $158K (101%)
- **Forgiveness date:** 02/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $157K
- **Jobs reported:** 12
## Lender
- **Originating:** Santa Cruz County Bank
- **Servicing:** Santa Cruz County Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*