# PPP loan: MAINFRAME GROUP, INC.
> **$230K** approved 05/01/2020 · Exemption 4 · Loan `8962897305`
## Borrower
- **Name:** MAINFRAME GROUP, INC.
- **Address:** 2701 North Thanksgiving Way, Lehi, UT, 84043-6330
- **NAICS:** 523930
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $230K
- **Initial approval:** $230K
- **Forgiven:** $189K (82%)
- **Forgiveness date:** 07/14/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $230K
- **Jobs reported:** 23
## Lender
- **Originating:** Cache Valley Bank
- **Servicing:** Cache Valley Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*