# PPP loan: MECHANICAL AIR SYSTEMS INCORPORATED
> **$180K** approved 01/20/2021 · Paid in Full · Loan `2260988302`
## Borrower
- **Name:** MECHANICAL AIR SYSTEMS INCORPORATED
- **Address:** 6995 20th Ave, Hugo, MN, 55038-8811
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $181K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $180K
- **Jobs reported:** 11
## Lender
- **Originating:** Premier Bank
- **Servicing:** Premier Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*