# PPP loan: B IN POWER MECHANICAL INC
> **$494K** approved 04/28/2020 · Exemption 4 · Loan `6545127210`
## Borrower
- **Name:** B IN POWER MECHANICAL INC
- **Address:** 2 Bluefield Drive, SPRING VALLEY, NY, 10977-3460
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $494K
- **Initial approval:** $494K
- **Forgiven:** $349K (71%)
- **Forgiveness date:** 02/23/2022
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $494K
- **Jobs reported:** 57
## Lender
- **Originating:** Financial Resources FCU
- **Servicing:** Financial Resources FCU (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*