# PPP loan: MARCHETTI GROUP
> **$196K** approved 04/14/2020 · Paid in Full · Loan `7118147107`
## Borrower
- **Name:** MARCHETTI GROUP
- **Address:** 833 Mahler Rd Ste. 15, BURLINGAME, CA, 94010
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 01/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $196K
- **Jobs reported:** 17
## Lender
- **Originating:** Heritage Bank of Commerce
- **Servicing:** Heritage Bank of Commerce (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*