# PPP loan: KR MECHANICAL, LLC
> **$275K** approved 04/16/2020 · Exemption 4 · Loan `2612777209`
## Borrower
- **Name:** KR MECHANICAL, LLC
- **Address:** 486 Cloisterbane Drive, SAINT JOHNS, FL, 32259-8232
- **NAICS:** 238220
- **Business type:** Limited Liability Partnership
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $275K
- **Initial approval:** $275K
- **Forgiven:** $170K (62%)
- **Forgiveness date:** 10/20/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $246K
- **Rent:** $11K
- **Utilities:** $18K
- **Jobs reported:** 25
## Lender
- **Originating:** VyStar CU
- **Servicing:** VyStar CU (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*