PPP Loan information for Construction mechanics incorporated

$1,108,300

Construction mechanics incorporated was initially approved for PPP Loan of amount $1,108,300, the current approved amount is $1,108,300. The loan was approved on 04/16/2020 by The First Commonwealth Bank reported 90 jobs and $1,108,300 was used to fund payroll.

Construction mechanics incorporated is Existing or more than 2 years old

PPP Loan Search / OH / AKRON / Construction mechanics incorporated

CONSTRUCTION MECHANICS INCORPORATED

Date Approved

04/16/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

CONSTRUCTION MECHANICS INCORPORATED

Borrower Address

1025 S BROADWAY ST

Borrower City

AKRON

Borrower State

OH

Borrower Zip

44311-2340

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1108300.00

Current Approval Amount

1108300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60009

Servicing Lender Name

First Commonwealth Bank

Servicing Lender Address

600 Philadelphia St

Servicing Lender City

INDIANA

Servicing Lender State

PA

Servicing Lender Zip

15701-3904

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AKRON

Project County Name

SUMMIT

Project State

OH

Project Zip

44311-2340

CD

OH-13

Jobs Reported

90

NAICS Code

561330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1500.00

Payroll Proceed

1078800.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

18000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

60009

Originating Lender

First Commonwealth Bank

Originating Lender City

INDIANA

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1114849.52

Forgiveness Date

12/09/2020

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