# PPP loan: MEGEE PLUMBING & HEATING CO., INC.
> **$517K** approved 04/15/2020 · Paid in Full · Loan `9096947108`
## Borrower
- **Name:** MEGEE PLUMBING & HEATING CO., INC.
- **Address:** 22965 Lewes Georgetown Highway, Georgetown, DE, 19947
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $517K
- **Initial approval:** $517K
- **Forgiven:** $521K (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $451K
- **Rent:** $16K
- **Utilities:** $10K
- **Health care:** $40K
- **Jobs reported:** 47
## 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*