# PPP loan: MECHANICA LLC
> **$263K** approved 02/13/2021 · Paid in Full · Loan `8538808406`
## Borrower
- **Name:** MECHANICA LLC
- **Address:** 75 Water St, Newburyport, MA, 01950-2884
- **NAICS:** 541890
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $263K
- **Initial approval:** $263K
- **Forgiven:** $264K (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $263K
- **Jobs reported:** 15
## Lender
- **Originating:** Salem Five Cents Savings Bank
- **Servicing:** Salem Five Cents Savings Bank (MA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*