# PPP loan: A-1 MACHINE INC.
> **$240K** approved 03/12/2021 · Paid in Full · Loan `9822468500`
## Borrower
- **Name:** A-1 MACHINE INC.
- **Address:** 3257 N San Fernando Rd, Los Angeles, CA, 90065-1414
- **NAICS:** 332999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Forgiven:** $76K (31%)
- **Forgiveness date:** 07/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $240K
- **Utilities:** $1
- **Jobs reported:** 3
## Lender
- **Originating:** Citizens Business Bank
- **Servicing:** Citizens Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*