# PPP loan: MACHINERY NETWORK AUCTIONS INC.
> **$221K** approved 03/04/2021 · Paid in Full · Loan `6668068506`
## Borrower
- **Name:** MACHINERY NETWORK AUCTIONS INC.
- **Address:** 15910 Ventura Blvd Ste 1410, Encino, CA, 91436-2824
- **NAICS:** 423830
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $221K
- **Initial approval:** $221K
- **Forgiven:** $223K (101%)
- **Forgiveness date:** 03/24/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $220K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** SMBC MANUBANK
- **Servicing:** SMBC MANUBANK (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*