# PPP loan: MECHANICAL SYSTEMS, INC.
> **$186K** approved 04/16/2020 · Paid in Full · Loan `2471727200`
## Borrower
- **Name:** MECHANICAL SYSTEMS, INC.
- **Address:** 420 MARTINEZ LN, ALBUQUERQUE, NM, 87107-2266
- **NAICS:** 811310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $186K
- **Initial approval:** $186K
- **Forgiven:** $187K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $186K
- **Jobs reported:** 19
## Lender
- **Originating:** Community Banks of Colorado, A Division of
- **Servicing:** Community Banks of Colorado, A Division of (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*