# PPP loan: APEX ENGINEERING & MACHINE INC.
> **$310K** approved 05/01/2020 · Paid in Full · Loan `8612917701`
## Borrower
- **Name:** APEX ENGINEERING & MACHINE INC.
- **Address:** 1682 W 3200 S, Logan, UT, 84321
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $310K
- **Initial approval:** $310K
- **Forgiven:** $315K (102%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $310K
- **Jobs reported:** 26
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*