PPP Loan information for Mechanica llc

$263,000

Mechanica llc was initially approved for PPP Loan of amount $263,000, the current approved amount is $263,000. The loan was approved on 02/13/2021 by The Salem Five Cents Savings Bank reported 15 jobs and $263,000 was used to fund payroll.

Mechanica llc is Existing or more than 2 years old

PPP Loan Search / MA / Newburyport / Mechanica llc

MECHANICA LLC

Date Approved

02/13/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MECHANICA LLC

Borrower Address

75 Water St

Borrower City

Newburyport

Borrower State

MA

Borrower Zip

01950-2884

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

263000.00

Current Approval Amount

263000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newburyport

Project County Name

ESSEX

Project State

MA

Project Zip

01950-2884

CD

MA-06

Jobs Reported

15

NAICS Code

541890

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

263000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

264351.53

Forgiveness Date

08/23/2021

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