# PPP loan: CNC MACHINE AND FABRICATION, INC.
> **$359K** approved 04/14/2020 · Exemption 4 · Loan `7941157106`
## Borrower
- **Name:** CNC MACHINE AND FABRICATION, INC.
- **Address:** 3585 North 300 West, HYDE PARK, UT, 84318
- **NAICS:** 332313
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $359K
- **Initial approval:** $359K
- **Forgiven:** $317K (88%)
- **Forgiveness date:** 11/23/2020
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $359K
- **Jobs reported:** 48
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*