# PPP loan: TOLEDO MECHANICAL INSULATION INC
> **$1.05M** approved 03/13/2021 · Paid in Full · Loan `1282118600`
## Borrower
- **Name:** TOLEDO MECHANICAL INSULATION INC
- **Address:** 38900 W 10 Mile Rd 38900 W 10 Mile Rd, Farmington, MI, 48335-2636
- **NAICS:** 238310
- **Business type:** Subchapter S 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:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.05M
- **Utilities:** $1
- **Jobs reported:** 35
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*