# PPP loan: AMERICAN MECHANICAL CORPORATION
> **$500K** approved 05/01/2020 · Paid in Full · Loan `4547137708`
## Borrower
- **Name:** AMERICAN MECHANICAL CORPORATION
- **Address:** 223 S LEWIS ST STE 200, MONROE, WA, 98272
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Forgiven:** $506K (101%)
- **Forgiveness date:** 06/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $500K
- **Jobs reported:** 32
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*