# PPP loan: MACHADO BROTHERS INC
> **$167K** approved 02/10/2021 · Paid in Full · Loan `6706728407`
## Borrower
- **Name:** MACHADO BROTHERS INC
- **Address:** 1005 Spring Hill Rd, Petaluma, CA, 94952-7623
- **NAICS:** 237990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $167K
- **Initial approval:** $167K
- **Forgiven:** $168K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $167K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** Exchange Bank
- **Servicing:** Exchange Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*