# PPP loan: JAMES RIVER MECHANICAL INC.
> **$405K** approved 01/23/2021 · Paid in Full · Loan `4231048302`
## Borrower
- **Name:** JAMES RIVER MECHANICAL INC.
- **Address:** 207 Battery Park Rd, Smithfield, VA, 23430-5605
- **NAICS:** 238190
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $405K
- **Initial approval:** $405K
- **Forgiven:** $407K (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $405K
- **Jobs reported:** 30
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*