# PPP loan: MACHINING TECHNOLOGY, INC
> **$288K** approved 04/14/2020 · Paid in Full · Loan `7206317110`
## Borrower
- **Name:** MACHINING TECHNOLOGY, INC
- **Address:** 4340 B ST NW, AUBURN, WA, 98001
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $288K
- **Initial approval:** $288K
- **Forgiven:** $291K (101%)
- **Forgiveness date:** 04/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $288K
- **Jobs reported:** 25
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*