# PPP loan: SHERWOOD MECHANICAL INC.
> **$1.98M** approved 03/05/2021 · Paid in Full · Loan `7199498507`
## Borrower
- **Name:** SHERWOOD MECHANICAL INC.
- **Address:** 6630 Top Gun St, San Diego, CA, 92121-4112
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.98M
- **Initial approval:** $1.98M
- **Forgiven:** $1.98M (100%)
- **Forgiveness date:** 06/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.98M
- **Jobs reported:** 123
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*