# PPP loan: TITAN MECHANICAL CORP
> **$709K** approved 04/06/2020 · Paid in Full · Loan `6422757004`
## Borrower
- **Name:** TITAN MECHANICAL CORP
- **Address:** 4354 N. CENTRAL AVE, CHICAGO, IL, 60634-1816
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $709K
- **Initial approval:** $709K
- **Forgiven:** $716K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $567K
- **Rent:** $106K
- **Utilities:** $35K
- **Jobs reported:** 38
## Lender
- **Originating:** Cornerstone National Bank & Trust Company
- **Servicing:** Cornerstone National Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*