# PPP loan: MECHANISMS INC
> **$205K** approved 02/06/2021 · Paid in Full · Loan `4573018402`
## Borrower
- **Name:** MECHANISMS INC
- **Address:** 102 N Texas St, Crossett, AR, 71635-2518
- **NAICS:** 334519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $205K
- **Initial approval:** $205K
- **Forgiven:** $206K (100%)
- **Forgiveness date:** 07/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $205K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** Century Next Bank
- **Servicing:** Century Next Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*