# PPP loan: M&L MECHANICAL OF NEW YORK INC.
> **$850K** approved 04/14/2020 · Paid in Full · Loan `5900477102`
## Borrower
- **Name:** M&L MECHANICAL OF NEW YORK INC.
- **Address:** 92 TERRY RD, SMITHTOWN, NY, 11787-3811
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $850K
- **Initial approval:** $850K
- **Forgiven:** $797K (94%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $850K
- **Jobs reported:** 20
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*