# PPP loan: CORE MECHANICAL, INC
> **$458K** approved 04/03/2020 · Paid in Full · Loan `4450837002`
## Borrower
- **Name:** CORE MECHANICAL, INC
- **Address:** 8751 Whiteford Rd, OTTAWA LAKE, MI, 49267-8700
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $458K
- **Initial approval:** $458K
- **Forgiven:** $463K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $343K
- **Health care:** $114K
- **Jobs reported:** 17
## Lender
- **Originating:** Signature Bank, National Association
- **Servicing:** Signature Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*