# PPP loan: M & R ENGINEERING CO.
> **$874K** approved 04/07/2020 · Paid in Full · Loan `7395027006`
## Borrower
- **Name:** M & R ENGINEERING CO.
- **Address:** 227 EAST MEATS AVE, ORANGE, CA, 92865-3311
- **NAICS:** 332721
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $874K
- **Initial approval:** $874K
- **Forgiven:** $879K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $802K
- **Rent:** $54K
- **Utilities:** $18K
- **Jobs reported:** 86
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*