# PPP loan: S.R. MECHANICAL/DESIGN CORP.
> **$378K** approved 05/01/2020 · Paid in Full · Loan `2600437705`
## Borrower
- **Name:** S.R. MECHANICAL/DESIGN CORP.
- **Address:** 355 WYANDANCH AVE, WEST BABYLON, NY, 11704
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $378K
- **Initial approval:** $378K
- **Forgiven:** $382K (101%)
- **Forgiveness date:** 04/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $355K
- **Rent:** $6K
- **Utilities:** $2K
- **Health care:** $15K
- **Jobs reported:** 26
## 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*