# PPP loan: SHELDON MECHANICAL CORPORATION
> **$1.38M** approved 04/08/2020 · Paid in Full · Loan `8792887004`
## Borrower
- **Name:** SHELDON MECHANICAL CORPORATION
- **Address:** 26015 Avenue Hall, Santa Clarita, CA, 91355
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.38M
- **Initial approval:** $1.38M
- **Forgiven:** $1.39M (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.38M
- **Jobs reported:** 75
## Lender
- **Originating:** Bank of Santa Clarita, A Division of California Bank of Commerce, NA
- **Servicing:** California Bank of Commerce, NA (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*