# PPP loan: M/M MECHANICAL, INC.
> **$676K** approved 04/07/2020 · Paid in Full · Loan `7036737005`
## Borrower
- **Name:** M/M MECHANICAL, INC.
- **Address:** 1027 CINDY LN, CARPINTERIA, CA, 93013-2905
- **NAICS:** 111199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $676K
- **Initial approval:** $676K
- **Forgiven:** $684K (101%)
- **Forgiveness date:** 07/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $608K
- **Rent:** $14K
- **Utilities:** $47K
- **Health care:** $7K
- **Jobs reported:** 38
## Lender
- **Originating:** Montecito Bank & Trust
- **Servicing:** Montecito Bank & Trust (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*