# PPP loan: MONTEREY BAY OFFICE PRODUCTS INC.
> **$563K** approved 02/17/2021 · Paid in Full · Loan `9775508408`
## Borrower
- **Name:** MONTEREY BAY OFFICE PRODUCTS INC.
- **Address:** 325 Victor St Ste A, Salinas, CA, 93907-2012
- **NAICS:** 532420
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $563K
- **Initial approval:** $563K
- **Forgiven:** $566K (101%)
- **Forgiveness date:** 09/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $563K
- **Jobs reported:** 32
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*