# PPP loan: INDUSTRIAL MECHANICAL GROUP INC
> **$304K** approved 04/09/2020 · Paid in Full · Loan `8960497005`
## Borrower
- **Name:** INDUSTRIAL MECHANICAL GROUP INC
- **Address:** 1022 SC HIGHWAY 191, TRENTON, SC, 29847-3118
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $304K
- **Initial approval:** $304K
- **Forgiven:** $308K (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $244K
- **Mortgage interest:** $30K
- **Utilities:** $30K
- **Jobs reported:** 14
## Lender
- **Originating:** Queensborough National Bank and Trust Company
- **Servicing:** Queensborough National Bank and Trust Company (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*