# PPP loan: MECHANICAL RESEARCH & DESIGN, INC.
> **$289K** approved 04/09/2020 · Paid in Full · Loan `9810117006`
## Borrower
- **Name:** MECHANICAL RESEARCH & DESIGN, INC.
- **Address:** 7511 CENTER RD, MANITOWOC, WI, 54220-9103
- **NAICS:** 339991
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $289K
- **Initial approval:** $289K
- **Forgiven:** $291K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $289K
- **Jobs reported:** 15
## Lender
- **Originating:** Bank First, N.A.
- **Servicing:** Bank First, N.A. (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*