# PPP loan: CONSTRUCTION MECHANICS INCORPORATED
> **$1.11M** approved 04/16/2020 · Paid in Full · Loan `2602477209`
## Borrower
- **Name:** CONSTRUCTION MECHANICS INCORPORATED
- **Address:** 1025 S BROADWAY ST, AKRON, OH, 44311-2340
- **NAICS:** 561330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.11M
- **Initial approval:** $1.11M
- **Forgiven:** $1.11M (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.08M
- **Rent:** $10K
- **Utilities:** $2K
- **Health care:** $18K
- **Jobs reported:** 90
## Lender
- **Originating:** First Commonwealth Bank
- **Servicing:** First Commonwealth Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*