# PPP loan: POWERS BROS MACHINE INC
> **$177K** approved 05/20/2020 · Paid in Full · Loan `9736797404`
## Borrower
- **Name:** POWERS BROS MACHINE INC
- **Address:** 8100 E SLAUSON AVE, MONTEBELLO, CA, 90640
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 11/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $177K
- **Jobs reported:** 15
## Lender
- **Originating:** Customers Bank
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*