# PPP loan: PREFERRED MECHANICAL COMPANY LLC
> **$169K** approved 04/27/2020 · Paid in Full · Loan `5242837209`
## Borrower
- **Name:** PREFERRED MECHANICAL COMPANY LLC
- **Address:** 963 Kelly Lane, SYCAMORE, IL, 60178-9509
- **NAICS:** 811219
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $169K
- **Initial approval:** $169K
- **Forgiven:** $170K (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $138K
- **Rent:** $13K
- **Utilities:** $3K
- **Debt interest:** $15K
- **Jobs reported:** 12
## Lender
- **Originating:** Resource Bank, National Association
- **Servicing:** Resource Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*