PPP Loan information for Area mechanical inc.

$609,700

Area mechanical inc. was initially approved for PPP Loan of amount $609,700, the current approved amount is $609,700. The loan was approved on 04/06/2020 by The Stillman BancCorp N.A. reported 33 jobs and $609,700 was used to fund payroll.

Area mechanical inc. is Existing or more than 2 years old

PPP Loan Search / IL / ROCKFORD / Area mechanical inc.

AREA MECHANICAL INC.

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

AREA MECHANICAL INC.

Borrower Address

821 1st Ave

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61104-2105

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

609700.00

Current Approval Amount

609700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22671

Servicing Lender Name

Stillman BancCorp N.A.

Servicing Lender Address

101 E Main St

Servicing Lender City

STILLMAN VALLEY

Servicing Lender State

IL

Servicing Lender Zip

61084-9027

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61104-2105

CD

IL-17

Jobs Reported

33

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

609700.00

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

22671

Originating Lender

Stillman BancCorp N.A.

Originating Lender City

STILLMAN VALLEY

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

614221.94

Forgiveness Date

01/06/2021

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