# PPP loan: NEEDHAM MECHANICAL SYSTEMS INC.
> **$316K** approved 03/31/2021 · Paid in Full · Loan `3916748701`
## Borrower
- **Name:** NEEDHAM MECHANICAL SYSTEMS INC.
- **Address:** 57 Crawford St, Needham Heights, MA, 02494-2618
- **NAICS:** 221118
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $316K
- **Initial approval:** $316K
- **Forgiven:** $318K (101%)
- **Forgiveness date:** 11/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $316K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** The Cooperative Bank
- **Servicing:** The Cooperative Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*