# PPP loan: MICRO MATIC USA, INC.
> **$3.18M** approved 04/28/2020 · Paid in Full · Loan `8175877202`
## Borrower
- **Name:** MICRO MATIC USA, INC.
- **Address:** 2386 Simon Court, BROOKSVILLE, FL, 34604
- **NAICS:** 333914
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.18M
- **Initial approval:** $3.18M
- **Forgiven:** $3.22M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.39M
- **Utilities:** $796K
- **Jobs reported:** 270
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*