# PPP loan: RON'S MECHANICAL, INCORPORATED
> **$227K** approved 04/13/2020 · Paid in Full · Loan `5305357107`
## Borrower
- **Name:** RON'S MECHANICAL, INCORPORATED
- **Address:** 2026 COLBURN DR, SHAKOPEE, MN, 55379-9305
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $227K
- **Initial approval:** $227K
- **Forgiven:** $228K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $227K
- **Jobs reported:** 27
## Lender
- **Originating:** Old National Bank
- **Servicing:** Old National Bank (IN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*