# PPP loan: SUTER MECHANICAL INC
> **$240K** approved 01/27/2021 · Paid in Full · Loan `6608978310`
## Borrower
- **Name:** SUTER MECHANICAL INC
- **Address:** 2416 Over Dr Ste 110, Lexington, KY, 40511-2618
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Forgiven:** $241K (101%)
- **Forgiveness date:** 09/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $240K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Traditional Bank, Inc.
- **Servicing:** Traditional Bank, Inc. (KY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*