# PPP loan: CRYOMECH
> **$1.86M** approved 04/15/2020 · Paid in Full · Loan `8727777108`
## Borrower
- **Name:** CRYOMECH
- **Address:** 113 Falso Drive, Syracuse, NY, 13211
- **NAICS:** 333249
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.86M
- **Initial approval:** $1.86M
- **Forgiven:** $1.87M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.75M
- **Health care:** $107K
- **Jobs reported:** 138
## 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*