# PPP loan: P.I. MECHANICAL CORP.
> **$1.41M** approved 05/01/2020 · Paid in Full · Loan `2111367707`
## Borrower
- **Name:** P.I. MECHANICAL CORP.
- **Address:** 338 37th Street, Brooklyn, NY, 11232
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.41M
- **Initial approval:** $1.41M
- **Forgiven:** $1.43M (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $956K
- **Rent:** $18K
- **Utilities:** $2K
- **Health care:** $434K
- **Jobs reported:** 15
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*