# PPP loan: MJ MECHANICAL INC.
> **$1.03M** approved 04/13/2020 · Paid in Full · Loan `5705807110`
## Borrower
- **Name:** MJ MECHANICAL INC.
- **Address:** 221 Highland Oaks, LEANDER, TX, 78641-3999
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.03M
- **Initial approval:** $1.03M
- **Forgiven:** $1.04M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $773K
- **Rent:** $258K
- **Jobs reported:** 114
## Lender
- **Originating:** American Bank of Commerce
- **Servicing:** American Bank of Commerce (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*