# PPP loan: KRK MECHANICAL, INC.
> **$999K** approved 04/10/2020 · Paid in Full · Loan `1245467104`
## Borrower
- **Name:** KRK MECHANICAL, INC.
- **Address:** 1601 ATLANTIC DR #121, WEST CHICAGO, IL, 60185-5119
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $999K
- **Initial approval:** $999K
- **Forgiven:** $1.00M (101%)
- **Forgiveness date:** 11/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $950K
- **Rent:** $30K
- **Mortgage interest:** $13K
- **Utilities:** $6K
- **Jobs reported:** 39
## Lender
- **Originating:** American Eagle Bank
- **Servicing:** American Eagle Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*