# PPP loan: MECHANICAL SEAL REPAIR INC
> **$188K** approved 05/13/2020 · Paid in Full · Loan `6075717400`
## Borrower
- **Name:** MECHANICAL SEAL REPAIR INC
- **Address:** 3188 ORANGE AVE, SIGNAL HILL, CA, 90755-5220
- **NAICS:** 339991
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $188K
- **Initial approval:** $188K
- **Forgiven:** $189K (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $170K
- **Health care:** $18K
- **Jobs reported:** 14
## Lender
- **Originating:** Banc of California
- **Servicing:** Banc of California (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*