# PPP loan: MECHANICAL SYSTEMS INC
> **$347K** approved 01/26/2021 · Paid in Full · Loan `6287988300`
## Borrower
- **Name:** MECHANICAL SYSTEMS INC
- **Address:** 2055 E 19th St, Tucson, AZ, 85719-6901
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $347K
- **Initial approval:** $347K
- **Forgiven:** $350K (101%)
- **Forgiveness date:** 11/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $347K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*