# PPP loan: MACHINE COMPONENTS CORP
> **$377K** approved 05/01/2020 · Paid in Full · Loan `6828857707`
## Borrower
- **Name:** MACHINE COMPONENTS CORP
- **Address:** 70 Newtown Road, Plainview, NY, 11803
- **NAICS:** 333613
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $377K
- **Initial approval:** $377K
- **Forgiven:** $380K (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $377K
- **Jobs reported:** 26
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*