# PPP loan: THERMAL MECHANICAL
> **$1.76M** approved 05/05/2020 · Paid in Full · Loan `2182837409`
## Borrower
- **Name:** THERMAL MECHANICAL
- **Address:** 425 ALDO AVE, SANTA CLARA, CA, 95054-2302
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.76M
- **Initial approval:** $1.76M
- **Forgiven:** $1.53M (87%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.76M
- **Jobs reported:** 70
## Lender
- **Originating:** Technology CU
- **Servicing:** Technology CU (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*