# PPP loan: MECHANICAL SERVICE CORP.
> **$898K** approved 04/06/2020 · Paid in Full · Loan `6373377000`
## Borrower
- **Name:** MECHANICAL SERVICE CORP.
- **Address:** 41 JEFFERSON RD, WHIPPANY, NJ, 07981-1034
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $898K
- **Initial approval:** $898K
- **Forgiven:** $908K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $898K
- **Jobs reported:** 36
## Lender
- **Originating:** Columbia Bank
- **Servicing:** Columbia Bank (NJ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*