PPP Loan information for Mechanical advantage

$37,950

Mechanical advantage was initially approved for PPP Loan of amount $37,950, the current approved amount is $37,950. The loan was approved on 02/20/2021 by The The Huntington National Bank reported 8 jobs and $37,950 was used to fund payroll.

Mechanical advantage is Existing or more than 2 years old

PPP Loan Search / MI / Muskegon / Mechanical advantage

MECHANICAL ADVANTAGE

Date Approved

02/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MECHANICAL ADVANTAGE

Borrower Address

431 E Broadway Ave

Borrower City

Muskegon

Borrower State

MI

Borrower Zip

49444-2207

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

37950.00

Current Approval Amount

37950.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Muskegon

Project County Name

MUSKEGON

Project State

MI

Project Zip

49444-2207

CD

MI-03

Jobs Reported

8

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

37950.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

38262.96

Forgiveness Date

12/23/2021

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