# PPP loan: LANNING MECHANICAL INC.
> **$269K** approved 04/07/2020 · Paid in Full · Loan `6831647007`
## Borrower
- **Name:** LANNING MECHANICAL INC.
- **Address:** 17548 Bobo Rd, GUYSVILLE, OH, 45735-9510
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $269K
- **Initial approval:** $269K
- **Forgiven:** $271K (101%)
- **Forgiveness date:** 01/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $204K
- **Rent:** $46K
- **Utilities:** $12K
- **Debt interest:** $7K
- **Jobs reported:** 20
## Lender
- **Originating:** The Park National Bank
- **Servicing:** The Park National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*