PPP Loan information for Day mechanical systems, inc.

$1,312,402

Day mechanical systems, inc. was initially approved for PPP Loan of amount $1,312,402, the current approved amount is $1,312,402. The loan was approved on 04/10/2020 by The Fairfax State Savings Bank reported 62 jobs and $1,312,402 was used to fund payroll.

Day mechanical systems, inc. is Existing or more than 2 years old

PPP Loan Search / IA / Cedar Rapids / Day mechanical systems, inc.

DAY MECHANICAL SYSTEMS, INC.

Date Approved

04/10/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

DAY MECHANICAL SYSTEMS, INC.

Borrower Address

P.O. Box 8207

Borrower City

Cedar Rapids

Borrower State

IA

Borrower Zip

52408-8207

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1312402.00

Current Approval Amount

1312402.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24988

Servicing Lender Name

Fairfax State Savings Bank

Servicing Lender Address

409 Vanderbilt St

Servicing Lender City

FAIRFAX

Servicing Lender State

IA

Servicing Lender Zip

52228-9508

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cedar Rapids

Project County Name

LINN

Project State

IA

Project Zip

52408-8207

CD

IA-02

Jobs Reported

62

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1312402.00

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

24988

Originating Lender

Fairfax State Savings Bank

Originating Lender City

FAIRFAX

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1323375.14

Forgiveness Date

02/16/2021

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