# PPP loan: MARIC MECHANICAL INC.
> **$696K** approved 02/04/2021 · Paid in Full · Loan `2940838405`
## Borrower
- **Name:** MARIC MECHANICAL INC.
- **Address:** 1953 46th St, Astoria, NY, 11105-1101
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $696K
- **Initial approval:** $696K
- **Forgiven:** $709K (102%)
- **Forgiveness date:** 12/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $696K
- **Jobs reported:** 37
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*