# PPP loan: KREIDER MECHANICAL INC
> **$695K** approved 04/08/2020 · Paid in Full · Loan `8622097000`
## Borrower
- **Name:** KREIDER MECHANICAL INC
- **Address:** 1130 Patterson Ave SW, ROANOKE, VA, 24016-3408
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $695K
- **Initial approval:** $695K
- **Forgiven:** $700K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $674K
- **Rent:** $14K
- **Utilities:** $7K
- **Jobs reported:** 70
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*