# PPP loan: MECHANICAL SYSTEMS & SERV
> **$7.38M** approved 04/15/2020 · Paid in Full · Loan `8460847105`
## Borrower
- **Name:** MECHANICAL SYSTEMS & SERV
- **Address:** 1001 TUCKASEEGEE RD, CHARLOTTE, NC, 28208-4438
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $7.38M
- **Initial approval:** $5.63M
- **Forgiven:** $7.46M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $7.38M
- **Jobs reported:** 434
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*