# PPP loan: PENN STATE MECHANICAL CONTRACTORS INC
> **$852K** approved 04/07/2020 · Paid in Full · Loan `7076507000`
## Borrower
- **Name:** PENN STATE MECHANICAL CONTRACTORS INC
- **Address:** 1451 N RIVER Rd, WILKES BARRE, PA, 18702-1818
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $852K
- **Initial approval:** $852K
- **Forgiven:** $859K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $706K
- **Rent:** $9K
- **Utilities:** $7K
- **Health care:** $130K
- **Jobs reported:** 54
## Lender
- **Originating:** ESSA Bank & Trust
- **Servicing:** ESSA Bank & Trust (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*