PPP Loan information for Associated mechanical companies

$189,917

Associated mechanical companies was initially approved for PPP Loan of amount $189,917, the current approved amount is $189,917. The loan was approved on 02/24/2021 by The The Old Point National Bank of Phoebus reported 20 jobs and $189,917 was used to fund payroll.

Associated mechanical companies is Existing or more than 2 years old

ASSOCIATED MECHANICAL COMPANIES

Date Approved

02/24/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

ASSOCIATED MECHANICAL COMPANIES

Borrower Address

3204 Battlefield Blvd S

Borrower City

Chesapeake

Borrower State

VA

Borrower Zip

23322-2311

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

189917.00

Current Approval Amount

189917.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73444

Servicing Lender Name

The Old Point National Bank of Phoebus

Servicing Lender Address

1 W Mellen St

Servicing Lender City

HAMPTON

Servicing Lender State

VA

Servicing Lender Zip

23663-2305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chesapeake

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23322-2311

CD

VA-02

Jobs Reported

20

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

189917.00

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

73444

Originating Lender

The Old Point National Bank of Phoebus

Originating Lender City

HAMPTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

190618.64

Forgiveness Date

08/06/2021

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