# PPP loan: MECHANICAL SYSTEMS INC
> **$816K** approved 04/03/2020 · Paid in Full · Loan `4505797001`
## Borrower
- **Name:** MECHANICAL SYSTEMS INC
- **Address:** 1313 LINCOLNWAY, CHEYENNE, WY, 82001-3306
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $816K
- **Initial approval:** $816K
- **Forgiven:** $822K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $812K
- **Rent:** $2K
- **Utilities:** $2K
- **Jobs reported:** 64
## Lender
- **Originating:** Jonah Bank of Wyoming
- **Servicing:** Jonah Bank of Wyoming (WY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*