# PPP loan: MECHE, INC.
> **$348K** approved 05/13/2020 · Paid in Full · Loan `6116877410`
## Borrower
- **Name:** MECHE, INC.
- **Address:** 8820 BURTON WAY, BEVERLY HILLS, CA, 90211
- **NAICS:** 611511
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $348K
- **Initial approval:** $348K
- **Forgiven:** $353K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $348K
- **Jobs reported:** 45
## Lender
- **Originating:** Intuit Financing Inc.
- **Servicing:** Quontic Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*