# PPP loan: IRISH MECHANICAL SERVICES, INC.
> **$1.12M** approved 04/09/2020 · Paid in Full · Loan `9840277009`
## Borrower
- **Name:** IRISH MECHANICAL SERVICES, INC.
- **Address:** 7008 E 43rd, INDIANAPOLIS, IN, 46226-3808
- **NAICS:** 238220
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.12M
- **Initial approval:** $1.12M
- **Forgiven:** $1.13M (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $996K
- **Rent:** $20K
- **Health care:** $88K
- **Debt interest:** $16K
- **Jobs reported:** 58
## Lender
- **Originating:** Home Bank, SB
- **Servicing:** Home Bank, SB (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*