# PPP loan: TENNESSEE MECHANICAL CORPORATION
> **$385K** approved 04/10/2020 · Paid in Full · Loan `1686997105`
## Borrower
- **Name:** TENNESSEE MECHANICAL CORPORATION
- **Address:** 101 General Forrest Court, Smyrna, TN, 37167-4273
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $385K
- **Initial approval:** $385K
- **Forgiven:** $388K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $308K
- **Mortgage interest:** $39K
- **Utilities:** $39K
- **Jobs reported:** 41
## Lender
- **Originating:** Volunteer State Bank
- **Servicing:** Volunteer State Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*