# PPP loan: RIVER MECHANICAL INC.
> **$1.65M** approved 01/21/2021 · Exemption 4 · Loan `2822118302`
## Borrower
- **Name:** RIVER MECHANICAL INC.
- **Address:** 605 W Ashland Ave, Glenolden, PA, 19036-1204
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.65M
- **Initial approval:** $1.65M
- **Forgiven:** $1.42M (86%)
- **Forgiveness date:** 05/17/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.65M
- **Utilities:** $1
- **Jobs reported:** 85
## Lender
- **Originating:** First Citizens Community Bank
- **Servicing:** First Citizens Community Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*