PPP Loan information for 1 source mechanical inc.

$105,000

1 source mechanical inc. was initially approved for PPP Loan of amount $105,000, the current approved amount is $105,000. The loan was approved on 04/15/2020 by The Customers Bank reported 6 jobs and $105,000 was used to fund payroll.

1 source mechanical inc. is Existing or more than 2 years old

1 SOURCE MECHANICAL INC.

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

1 SOURCE MECHANICAL INC.

Borrower Address

821 East Lincoln Highway

Borrower City

DeKalb

Borrower State

IL

Borrower Zip

60115

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

105000.00

Current Approval Amount

105000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DeKalb

Project County Name

DEKALB

Project State

IL

Project Zip

60115-0001

CD

IL-14

Jobs Reported

6

NAICS Code

236118

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

105000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

105678.90

Forgiveness Date

12/31/2020

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