# PPP loan: HB MECHANICAL SERVICES, INC.
> **$457K** approved 04/08/2020 · Paid in Full · Loan `8475857002`
## Borrower
- **Name:** HB MECHANICAL SERVICES, INC.
- **Address:** 20410 OLD SORTERS RD, PORTER, TX, 77365-4766
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $457K
- **Initial approval:** $457K
- **Forgiven:** $459K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $389K
- **Rent:** $9K
- **Utilities:** $3K
- **Health care:** $56K
- **Jobs reported:** 32
## Lender
- **Originating:** Citizens Bank
- **Servicing:** Citizens Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*