# PPP loan: JC MACHINE AND MFG., CORP.
> **$150K** approved 05/01/2020 · Paid in Full · Loan `7077487706`
## Borrower
- **Name:** JC MACHINE AND MFG., CORP.
- **Address:** 1375 Logan Avenue H, Costa Mesa, CA, 92626
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 03/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Jobs reported:** 13
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*