# PPP loan: OTONE MECHANICAL CONSTRUCTION, INC.
> **$701K** approved 04/08/2020 · Paid in Full · Loan `8128447003`
## Borrower
- **Name:** OTONE MECHANICAL CONSTRUCTION, INC.
- **Address:** 20 DICKSON ST, NEWBURGH, NY, 12550-5830
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $701K
- **Initial approval:** $701K
- **Forgiven:** $708K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $701K
- **Jobs reported:** 37
## Lender
- **Originating:** NBT Bank National Association
- **Servicing:** NBT Bank, National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*