# PPP loan: MPCM, INC
> **$225K** approved 05/20/2020 · Paid in Full · Loan `9332977403`
## Borrower
- **Name:** MPCM, INC
- **Address:** 115 Phelan Ave Unit 6, San Jose, CA, 95112
- **NAICS:** 335999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $225K
- **Initial approval:** $225K
- **Forgiven:** $227K (101%)
- **Forgiveness date:** 05/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5K
- **Rent:** $186K
- **Utilities:** $11K
- **Health care:** $22K
- **Debt interest:** $873
- **Jobs reported:** 29
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*