# PPP loan: MONTEREY MARTINI INC.
> **$1.05M** approved 04/09/2020 · Paid in Full · Loan `9892407002`
## Borrower
- **Name:** MONTEREY MARTINI INC.
- **Address:** 24560 Silver Cloud Ct, MONTEREY, CA, 93940-6536
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.05M
- **Initial approval:** $1.05M
- **Forgiven:** $1.06M (101%)
- **Forgiveness date:** 07/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.05M
- **Jobs reported:** 163
## Lender
- **Originating:** Mechanics Bank
- **Servicing:** Mechanics Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*