# PPP loan: FSI MECHANICAL INC
> **$251K** approved 04/14/2020 · Paid in Full · Loan `7601527103`
## Borrower
- **Name:** FSI MECHANICAL INC
- **Address:** 5485 RAYNOR RD, GARNER, NC, 27529-9452
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $251K
- **Initial approval:** $251K
- **Forgiven:** $236K (94%)
- **Forgiveness date:** 09/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $251K
- **Jobs reported:** 17
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*