PPP Loan information for A&b mechanical contractors inc.

$196,055

A&b mechanical contractors inc. was initially approved for PPP Loan of amount $196,055, the current approved amount is $196,055. The loan was approved on 02/03/2021 by The Old National Bank reported 16 jobs and $196,055 was used to fund payroll.

A&b mechanical contractors inc. is Existing or more than 2 years old

A&B MECHANICAL CONTRACTORS INC.

Date Approved

02/03/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

A&B MECHANICAL CONTRACTORS INC.

Borrower Address

1611 12 Mile Rd NW

Borrower City

Sparta

Borrower State

MI

Borrower Zip

49345-9757

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

196055.00

Current Approval Amount

196055.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sparta

Project County Name

KENT

Project State

MI

Project Zip

49345-9757

CD

MI-03

Jobs Reported

16

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

196053.00

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

Subchapter S Corporation

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

196758.65

Forgiveness Date

06/23/2021

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