# PPP loan: PERFORMANCE MECHANICAL CONTRACTORS, INC.
> **$489K** approved 04/09/2020 · Paid in Full · Loan `9282597005`
## Borrower
- **Name:** PERFORMANCE MECHANICAL CONTRACTORS, INC.
- **Address:** 9228 Corsair Road, FRANKFORT, IL, 60423-2508
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $489K
- **Initial approval:** $489K
- **Forgiven:** $494K (101%)
- **Forgiveness date:** 05/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $489K
- **Jobs reported:** 25
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*