# PPP loan: SPINETTI MACHINERY
> **$287K** approved 03/23/2021 · Paid in Full · Loan `6553648601`
## Borrower
- **Name:** SPINETTI MACHINERY
- **Address:** 5475 Louie Ln Ste C, Reno, NV, 89511-1861
- **NAICS:** 423830
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $287K
- **Initial approval:** $287K
- **Forgiven:** $289K (100%)
- **Forgiveness date:** 09/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $287K
- **Jobs reported:** 17
## Lender
- **Originating:** Umpqua Bank
- **Servicing:** Umpqua Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*