# PPP loan: MACHETE CORPORATION
> **$941K** approved 05/01/2020 · Paid in Full · Loan `8584417303`
## Borrower
- **Name:** MACHETE CORPORATION
- **Address:** 16255 ventura blvd suite 1240, encino, CA, 91436
- **NAICS:** 711510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $941K
- **Initial approval:** $941K
- **Forgiven:** $797K (85%)
- **Forgiveness date:** 11/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $941K
- **Jobs reported:** 254
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*