PPP Loan information for Electro-mechanical corporation

$5,705,000

Electro-mechanical corporation was initially approved for PPP Loan of amount $5,705,000, the current approved amount is $5,705,000. The loan was approved on 04/13/2020 by The Regions Bank reported 463 jobs and $5,705,000 was used to fund payroll.

Electro-mechanical corporation is Existing or more than 2 years old

PPP Loan Search / VA / Bristol / Electro-mechanical corporation

ELECTRO-MECHANICAL CORPORATION

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ELECTRO-MECHANICAL CORPORATION

Borrower Address

One Goodson St.

Borrower City

Bristol

Borrower State

VA

Borrower Zip

24201-4510

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5705000.00

Current Approval Amount

5705000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bristol

Project County Name

BRISTOL

Project State

VA

Project Zip

24201-4510

CD

VA-09

Jobs Reported

463

NAICS Code

335311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5705000.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5770177.67

Forgiveness Date

06/15/2021

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