# PPP loan: GORMAN MECHANICAL, INC.
> **$260K** approved 04/07/2020 · Paid in Full · Loan `6981347006`
## Borrower
- **Name:** GORMAN MECHANICAL, INC.
- **Address:** 1624 SOUTHEAST PKWY, AZLE, TX, 76020-3923
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $260K
- **Initial approval:** $260K
- **Forgiven:** $264K (102%)
- **Forgiveness date:** 10/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $260K
- **Jobs reported:** 26
## Lender
- **Originating:** EECU
- **Servicing:** EECU (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*