PPP Loan information for Aero mechanical inc

$1,415,000

Aero mechanical inc was initially approved for PPP Loan of amount $1,415,000, the current approved amount is $1,415,000. The loan was approved on 03/26/2021 by The Webster Bank National Association reported 91 jobs and $1,415,000 was used to fund payroll.

Aero mechanical inc is Existing or more than 2 years old

PPP Loan Search / RI / Johnston / Aero mechanical inc

AERO MECHANICAL INC

Date Approved

03/26/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

AERO MECHANICAL INC

Borrower Address

10 Leah St 10 Leah Street

Borrower City

Johnston

Borrower State

RI

Borrower Zip

02919-5321

Loan Status Date

06/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1415000.00

Current Approval Amount

1415000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Johnston

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02919-5321

CD

RI-02

Jobs Reported

91

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1414995.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1431437.26

Forgiveness Date

05/31/2022

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