# PPP loan: AERO MECHANICAL INC
> **$1.42M** approved 03/26/2021 · Paid in Full · Loan `1234528709`
## Borrower
- **Name:** AERO MECHANICAL INC
- **Address:** 10 Leah St 10 Leah Street, Johnston, RI, 02919-5321
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.42M
- **Initial approval:** $1.42M
- **Forgiven:** $1.43M (101%)
- **Forgiveness date:** 05/31/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.41M
- **Utilities:** $1
- **Jobs reported:** 91
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Webster Bank National Association (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*