# PPP loan: PARISE MECHANICAL, INC.
> **$242K** approved 04/15/2020 · Paid in Full · Loan `8564007105`
## Borrower
- **Name:** PARISE MECHANICAL, INC.
- **Address:** 1106 Sheridan Drive, Tonawanda, NY, 14150
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $244K (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $205K
- **Rent:** $13K
- **Utilities:** $809
- **Health care:** $17K
- **Debt interest:** $6K
- **Jobs reported:** 22
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*