# PPP loan: SOUTHERN MECHANICAL INSULATION OF NC LLC
> **$257K** approved 04/13/2020 · Exemption 4 · Loan `4835117108`
## Borrower
- **Name:** SOUTHERN MECHANICAL INSULATION OF NC LLC
- **Address:** 200 CROSS OAKS PL, HOLLY SPRINGS, NC, 27540-6237
- **NAICS:** 238290
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $257K
- **Initial approval:** $257K
- **Forgiven:** $194K (76%)
- **Forgiveness date:** 09/20/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $257K
- **Jobs reported:** 23
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*