# PPP loan: SUPERIOR MECHANICAL INC.
> **$1.51M** approved 05/07/2021 · Paid in Full · Loan `7198728905`
## Borrower
- **Name:** SUPERIOR MECHANICAL INC.
- **Address:** 162 Pointe South Dr, Randleman, NC, 27317-9520
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.51M
- **Initial approval:** $1.51M
- **Forgiven:** $1.53M (101%)
- **Forgiveness date:** 07/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.51M
- **Jobs reported:** 112
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*