# PPP loan: GAINESVILLE MECHANICAL SERVICES INC.
> **$427K** approved 02/04/2021 · Paid in Full · Loan `3404008404`
## Borrower
- **Name:** GAINESVILLE MECHANICAL SERVICES INC.
- **Address:** 2519 Monroe Dr, Gainesville, GA, 30507-7349
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $427K
- **Initial approval:** $427K
- **Forgiven:** $432K (101%)
- **Forgiveness date:** 04/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $427K
- **Utilities:** $1
- **Jobs reported:** 49
## Lender
- **Originating:** Peach State Bank and Trust
- **Servicing:** Peach State Bank and Trust (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*