# PPP loan: C & C MACHINING, INC
> **$1.04M** approved 04/08/2020 · Paid in Full · Loan `8809857003`
## Borrower
- **Name:** C & C MACHINING, INC
- **Address:** 22233 230TH AVE, CENTERVILLE, IA, 52544-8358
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.04M
- **Initial approval:** $1.04M
- **Forgiven:** $1.05M (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $758K
- **Utilities:** $161K
- **Health care:** $76K
- **Debt interest:** $48K
- **Jobs reported:** 118
## Lender
- **Originating:** Lincoln Savings Bank
- **Servicing:** Lincoln Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*