# PPP loan: PARAGON MECHANICAL INC
> **$163K** approved 05/01/2020 · Paid in Full · Loan `2240097705`
## Borrower
- **Name:** PARAGON MECHANICAL INC
- **Address:** 2400 S. Arlington Heights Rd, ARLINGTON HEIGHTS, IL, 60005
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 04/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $140K
- **Utilities:** $15K
- **Health care:** $8K
- **Jobs reported:** 150
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*