# PPP loan: MECHANICOOL, INC.
> **$204K** approved 04/10/2020 · Paid in Full · Loan `2453967100`
## Borrower
- **Name:** MECHANICOOL, INC.
- **Address:** 2436 N. Federal Highway #348, POMPANO BEACH, FL, 33064-6854
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $204K
- **Initial approval:** $166K
- **Forgiven:** $206K (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $204K
- **Jobs reported:** 16
## Lender
- **Originating:** BankUnited, National Association
- **Servicing:** BankUnited, National Association (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*