# PPP loan: ZAYACHEK MECHANICAL LTD
> **$1.03M** approved 05/14/2020 · Paid in Full · Loan `6467957401`
## Borrower
- **Name:** ZAYACHEK MECHANICAL LTD
- **Address:** 4188 State Route 40, Argyle, NY, 12809
- **NAICS:** 811310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.03M
- **Initial approval:** $1.03M
- **Forgiven:** $1.04M (101%)
- **Forgiveness date:** 05/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $968K
- **Rent:** $14K
- **Health care:** $48K
- **Jobs reported:** 76
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*