PPP Loan information for Central mechanical inc

$704,800

Central mechanical inc was initially approved for PPP Loan of amount $704,800, the current approved amount is $704,800. The loan was approved on 04/03/2020 by The Cornerstone Bank reported 50 jobs and $704,800 was used to fund payroll.

Central mechanical inc is Existing or more than 2 years old

CENTRAL MECHANICAL INC

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

CENTRAL MECHANICAL INC

Borrower Address

4001 33rd Ave NW

Borrower City

MANDAN

Borrower State

ND

Borrower Zip

58554-1204

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

704800.00

Current Approval Amount

704800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52722

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

2280 45th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8785

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANDAN

Project County Name

MORTON

Project State

ND

Project Zip

58554-1204

CD

ND-

Jobs Reported

50

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

704800.00

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

52722

Originating Lender

Cornerstone Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

710046.84

Forgiveness Date

01/07/2021

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