# PPP loan: MECHONE INC.
> **$855K** approved 03/20/2021 · Paid in Full · Loan `6117418606`
## Borrower
- **Name:** MECHONE INC.
- **Address:** 1275 Vapor Trl, Colorado Springs, CO, 80916-2706
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $855K
- **Initial approval:** $855K
- **Forgiven:** $860K (101%)
- **Forgiveness date:** 10/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $855K
- **Utilities:** $1
- **Jobs reported:** 39
## Lender
- **Originating:** Adams Bank & Trust
- **Servicing:** Adams Bank & Trust (NE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*