# PPP loan: MASTER MACHINE & REPAIR CORP.
> **$1.00M** approved 04/09/2020 · Paid in Full · Loan `9142347009`
## Borrower
- **Name:** MASTER MACHINE & REPAIR CORP.
- **Address:** 6648 S. Narragansett Ave, CHICAGO, IL, 60638-5112
- **NAICS:** 811310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.00M
- **Initial approval:** $1.00M
- **Forgiven:** $1.01M (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $753K
- **Rent:** $151K
- **Utilities:** $100K
- **Jobs reported:** 60
## Lender
- **Originating:** Village Bank and Trust, National Association
- **Servicing:** Village Bank and Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*