# PPP loan: PALCO MECHANICAL LLC
> **$360K** approved 04/09/2020 · Paid in Full · Loan `9143287006`
## Borrower
- **Name:** PALCO MECHANICAL LLC
- **Address:** 925 Saw Mill River Rd, Yonkers, NY, 10710-3226
- **NAICS:** 238220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $360K
- **Initial approval:** $274K
- **Forgiven:** $364K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $360K
- **Jobs reported:** 38
## Lender
- **Originating:** New York Business Development Corporation
- **Servicing:** New York Business Development Corporation (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*