# PPP loan: PLANET MECHANICAL CORP
> **$515K** approved 04/28/2020 · Paid in Full · Loan `7430037201`
## Borrower
- **Name:** PLANET MECHANICAL CORP
- **Address:** 8-17 37th Avenue, Long Island City, NY, 11101-6010
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $515K
- **Initial approval:** $515K
- **Forgiven:** $521K (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $515K
- **Jobs reported:** 22
## Lender
- **Originating:** HSBC Bank USA, National Association
- **Servicing:** HSBC Bank USA, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*