# PPP loan: MCM ENGINEERING II, INC.
> **$498K** approved 04/06/2020 · Paid in Full · Loan `5775547001`
## Borrower
- **Name:** MCM ENGINEERING II, INC.
- **Address:** 655 E 4930 N, CEDAR CITY, UT, 84721-7602
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $498K
- **Initial approval:** $498K
- **Forgiven:** $501K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $498K
- **Jobs reported:** 34
## Lender
- **Originating:** State Bank of Southern Utah
- **Servicing:** State Bank of Southern Utah (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*