# PPP loan: ALLIED MECHANICAL SERVICES, INC.
> **$245K** approved 04/08/2020 · Paid in Full · Loan `8802407005`
## Borrower
- **Name:** ALLIED MECHANICAL SERVICES, INC.
- **Address:** 3103 E. Talman Court Suite 104, URBANA, IL, 61802
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $247K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $184K
- **Rent:** $61K
- **Jobs reported:** 13
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*