PPP Loan information for Electro-mechanical products, inc.

$1,712,000

Electro-mechanical products, inc. was initially approved for PPP Loan of amount $1,712,000, the current approved amount is $1,712,000. The loan was approved on 04/08/2020 by The MidWestOne Bank reported 169 jobs and $1,712,000 was used to fund payroll.

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

PPP Loan Search / CO / Lakewood / Electro-mechanical products, inc.

ELECTRO-MECHANICAL PRODUCTS, INC.

Date Approved

04/08/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

ELECTRO-MECHANICAL PRODUCTS, INC.

Borrower Address

897 Tabor Street

Borrower City

Lakewood

Borrower State

CO

Borrower Zip

80401-4796

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1712000.00

Current Approval Amount

1712000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lakewood

Project County Name

JEFFERSON

Project State

CO

Project Zip

80401-4796

CD

CO-07

Jobs Reported

169

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

107000.00

Payroll Proceed

1284000.00

Mortgage Interest Proceed

107000.00

Rent Proceed

107000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

107000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1722747.56

Forgiveness Date

11/30/2020

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