# PPP loan: INTERSTATE MECHANICAL & MILLWRIGHT, INC
> **$194K** approved 04/08/2020 · Paid in Full · Loan `8011047008`
## Borrower
- **Name:** INTERSTATE MECHANICAL & MILLWRIGHT, INC
- **Address:** 565 Sims Chapel Road, SPARTANBURG, SC, 29306-6125
- **NAICS:** 332999
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $195K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $190K
- **Rent:** $3K
- **Utilities:** $995.48
- **Jobs reported:** 15
## Lender
- **Originating:** Arthur State Bank
- **Servicing:** Arthur State Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*