# PPP loan: NMI INDUSTRIAL HOLDINGS INC.
> **$1.81M** approved 01/29/2021 · Paid in Full · Loan `8346658306`
## Borrower
- **Name:** NMI INDUSTRIAL HOLDINGS INC.
- **Address:** 8503 Weyand Ave, Sacramento, CA, 95828-2610
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.81M
- **Initial approval:** $1.81M
- **Forgiven:** $1.82M (101%)
- **Forgiveness date:** 08/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.81M
- **Jobs reported:** 111
## Lender
- **Originating:** Mechanics Bank
- **Servicing:** Mechanics Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*