# PPP loan: GRAU MECHANICAL ENTERPRISES, INC.
> **$185K** approved 04/28/2020 · Charged Off · Loan `1318417309`
## Borrower
- **Name:** GRAU MECHANICAL ENTERPRISES, INC.
- **Address:** 11774 Loretto Woods Ct, JACKSONVILLE, FL, 32223-1857
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $185K
- **Initial approval:** $185K
- **Forgiven:** $148K (80%)
- **Forgiveness date:** 08/24/2021
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $148K
- **Rent:** $10K
- **Utilities:** $27K
- **Jobs reported:** 9
## Lender
- **Originating:** VyStar CU
- **Servicing:** VyStar CU (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*