# PPP loan: ADVANCED MECHANICAL INC
> **$809K** approved 04/08/2020 · Paid in Full · Loan `8581517009`
## Borrower
- **Name:** ADVANCED MECHANICAL INC
- **Address:** 34777 HIGHWAY 228, BROWNSVILLE, OR, 97327-9702
- **NAICS:** 332996
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $809K
- **Initial approval:** $809K
- **Forgiven:** $815K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $788K
- **Rent:** $16K
- **Utilities:** $6K
- **Jobs reported:** 52
## Lender
- **Originating:** Peoples Bank of Commerce
- **Servicing:** Peoples Bank of Commerce (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*