# PPP loan: WORLD MECHANICAL, INC.
> **$929K** approved 04/29/2020 · Paid in Full · Loan `3940607306`
## Borrower
- **Name:** WORLD MECHANICAL, INC.
- **Address:** 16527 Arminta St., VAN NUYS, CA, 91406
- **NAICS:** 448120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $929K
- **Initial approval:** $929K
- **Forgiven:** $942K (101%)
- **Forgiveness date:** 10/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $800K
- **Rent:** $29K
- **Health care:** $100K
- **Jobs reported:** 74
## Lender
- **Originating:** Stearns Bank National Association
- **Servicing:** Stearns Bank National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*