# PPP loan: KALAMAZOO MECHANICAL, INC
> **$346K** approved 04/07/2020 · Paid in Full · Loan `6500147005`
## Borrower
- **Name:** KALAMAZOO MECHANICAL, INC
- **Address:** 5507 E CORK ST, KALAMAZOO, MI, 49048-9668
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $346K
- **Initial approval:** $346K
- **Forgiven:** $349K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $320K
- **Rent:** $24K
- **Utilities:** $2K
- **Jobs reported:** 26
## Lender
- **Originating:** Mercantile Bank
- **Servicing:** Mercantile Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*