# PPP loan: MECHANICAL DESIGNS OF VIRGINIA, INC.
> **$278K** approved 04/09/2020 · Paid in Full · Loan `9882297002`
## Borrower
- **Name:** MECHANICAL DESIGNS OF VIRGINIA, INC.
- **Address:** P.O. Box 280, PATRICK SPRINGS, VA, 24133-0280
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $278K
- **Initial approval:** $278K
- **Forgiven:** $280K (101%)
- **Forgiveness date:** 12/14/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $209K
- **Utilities:** $70K
- **Jobs reported:** 31
## Lender
- **Originating:** Skyline National Bank
- **Servicing:** Skyline National Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*