# PPP loan: G.R.P MECHANICAL COMPANY, INC.
> **$7.25M** approved 04/08/2020 · Paid in Full · Loan `8823587001`
## Borrower
- **Name:** G.R.P MECHANICAL COMPANY, INC.
- **Address:** PO Box 188 1 Mechanical Drive, BETHALTO, IL, 62010-0188
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $7.25M
- **Initial approval:** $7.25M
- **Forgiven:** $7.33M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $7.25M
- **Jobs reported:** 379
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*