# PPP loan: MECHANICAL SPECIALIST, INC.
> **$890K** approved 04/13/2020 · Paid in Full · Loan `4173237109`
## Borrower
- **Name:** MECHANICAL SPECIALIST, INC.
- **Address:** 1960 E FOUNDRY WAY, WASILLA, AK, 99654-8255
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $890K
- **Initial approval:** $890K
- **Forgiven:** $900K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $845K
- **Rent:** $38K
- **Utilities:** $7K
- **Jobs reported:** 33
## Lender
- **Originating:** First National Bank Alaska
- **Servicing:** First National Bank Alaska (AK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*