# PPP loan: SILVAS MECHANICAL SERVICE INC
> **$452K** approved 02/10/2021 · Paid in Full · Loan `6111118402`
## Borrower
- **Name:** SILVAS MECHANICAL SERVICE INC
- **Address:** 171 Midland Ave, Kearny, NJ, 07032-3523
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $452K
- **Initial approval:** $452K
- **Forgiven:** $457K (101%)
- **Forgiveness date:** 05/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $452K
- **Utilities:** $1
- **Jobs reported:** 28
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*