PPP Loan information for Direct mechanical, inc.

$371,400

Direct mechanical, inc. was initially approved for PPP Loan of amount $371,400, the current approved amount is $371,400. The loan was approved on 04/08/2020 by The Crystal Lake Bank & Trust Company, National Association reported 35 jobs and $371,400 was used to fund payroll.

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

PPP Loan Search / IL / SCHAUMBURG / Direct mechanical, inc.

DIRECT MECHANICAL, INC.

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

DIRECT MECHANICAL, INC.

Borrower Address

711 MORSE AVE

Borrower City

SCHAUMBURG

Borrower State

IL

Borrower Zip

60193-4533

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

371400.00

Current Approval Amount

371400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122557

Servicing Lender Name

Crystal Lake Bank & Trust Company, National Association

Servicing Lender Address

70 N Williams St

Servicing Lender City

CRYSTAL LAKE

Servicing Lender State

IL

Servicing Lender Zip

60014-4444

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCHAUMBURG

Project County Name

COOK

Project State

IL

Project Zip

60193-4533

CD

IL-08

Jobs Reported

35

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

37140.00

Payroll Proceed

278550.00

Mortgage Interest Proceed

0.00

Rent Proceed

55710.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

122557

Originating Lender

Crystal Lake Bank & Trust Company, National Association

Originating Lender City

CRYSTAL LAKE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

374340.25

Forgiveness Date

01/28/2021

;