# PPP loan: MX CONSTRUCTION INC.
> **$486K** approved 02/11/2021 · Paid in Full · Loan `7330848403`
## Borrower
- **Name:** MX CONSTRUCTION INC.
- **Address:** 720 S Frontage Rd Ste 106, Nipomo, CA, 93444-5626
- **NAICS:** 237130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $486K
- **Initial approval:** $301K
- **Forgiven:** $488K (100%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $486K
- **Utilities:** $1
- **Jobs reported:** 29
## Lender
- **Originating:** Coasthills Federal Credit Union
- **Servicing:** Coasthills Federal Credit Union (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*