# PPP loan: MECO ENGINEERING COMPANY INC
> **$467K** approved 01/16/2021 · Paid in Full · Loan `1200038303`
## Borrower
- **Name:** MECO ENGINEERING COMPANY INC
- **Address:** 3120 Palmyra Rd, Hannibal, MO, 63401-2204
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $467K
- **Initial approval:** $467K
- **Forgiven:** $469K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $467K
- **Jobs reported:** 35
## Lender
- **Originating:** HNB National Bank
- **Servicing:** HNB National Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*