# PPP loan: MECHANICAL CONSTRUCTION COMPANY
> **$1.11M** approved 02/12/2021 · Paid in Full · Loan `7609198406`
## Borrower
- **Name:** MECHANICAL CONSTRUCTION COMPANY
- **Address:** 2302 8th St, Portsmouth, OH, 45662-4740
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.11M
- **Initial approval:** $1.11M
- **Forgiven:** $1.12M (100%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.11M
- **Utilities:** $1
- **Jobs reported:** 50
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*