# PPP loan: MECANO-TECH, INC.
> **$211K** approved 04/27/2020 · Paid in Full · Loan `5177657206`
## Borrower
- **Name:** MECANO-TECH, INC.
- **Address:** 1315 S Loop 497, KENNEY, TX, 77452-0001
- **NAICS:** 333132
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $211K
- **Initial approval:** $211K
- **Forgiven:** $212K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $211K
- **Jobs reported:** 20
## Lender
- **Originating:** Austin County State Bank
- **Servicing:** Austin County State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*