# PPP loan: POWER MACHINERY CENTER
> **$768K** approved 02/13/2021 · Paid in Full · Loan `8447978405`
## Borrower
- **Name:** POWER MACHINERY CENTER
- **Address:** 3450 Camino Ave, Oxnard, CA, 93030-8809
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $768K
- **Initial approval:** $768K
- **Forgiven:** $772K (101%)
- **Forgiveness date:** 09/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $768K
- **Utilities:** $1
- **Jobs reported:** 57
## Lender
- **Originating:** Citizens Business Bank
- **Servicing:** Citizens Business Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*