# PPP loan: MCH ELECTRIC INC.
> **$2.77M** approved 04/08/2020 · Paid in Full · Loan `8742347008`
## Borrower
- **Name:** MCH ELECTRIC INC.
- **Address:** 7693 Longard Road, LIVERMORE, CA, 94551-8208
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $2.77M
- **Initial approval:** $2.77M
- **Forgiven:** $2.75M (99%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.77M
- **Jobs reported:** 195
## Lender
- **Originating:** Fremont Bank
- **Servicing:** Fremont Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*