PPP Loan information for Electro-mech, inc.

$1,652,253

Electro-mech, inc. was initially approved for PPP Loan of amount $1,652,253, the current approved amount is $1,652,253. The loan was approved on 04/07/2020 by The Trustmark National Bank reported 303 jobs and $1,652,253 was used to fund payroll.

Electro-mech, inc. is Existing or more than 2 years old

ELECTRO-MECH, INC.

Date Approved

04/07/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

ELECTRO-MECH, INC.

Borrower Address

655 OLD HIGHWAY 49

Borrower City

RICHLAND

Borrower State

MS

Borrower Zip

39218-9740

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1652253.00

Current Approval Amount

1652253.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39334

Servicing Lender Name

Trustmark National Bank

Servicing Lender Address

248 E Capitol St

Servicing Lender City

JACKSON

Servicing Lender State

MS

Servicing Lender Zip

39201-2503

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RICHLAND

Project County Name

RANKIN

Project State

MS

Project Zip

39218-9740

CD

MS-03

Jobs Reported

303

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1652253.00

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

39334

Originating Lender

Trustmark National Bank

Originating Lender City

JACKSON

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1674053.56

Forgiveness Date

08/05/2021

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