# PPP loan: OTONE MECHANICAL CONSTRUCTION INC.
> **$645K** approved 03/20/2021 · Paid in Full · Loan `5493468609`
## Borrower
- **Name:** OTONE MECHANICAL CONSTRUCTION INC.
- **Address:** 20 Dickson St, Newburgh, NY, 12550-5830
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $645K
- **Initial approval:** $645K
- **Forgiven:** $652K (101%)
- **Forgiveness date:** 05/24/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $644K
- **Utilities:** $1
- **Jobs reported:** 37
## Lender
- **Originating:** NBT Bank National Association
- **Servicing:** NBT Bank, National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*