PPP Loan information for Mechanical air systems incorporated

$179,900

Mechanical air systems incorporated was initially approved for PPP Loan of amount $179,900, the current approved amount is $179,900. The loan was approved on 01/20/2021 by The Premier Bank reported 11 jobs and $179,900 was used to fund payroll.

Mechanical air systems incorporated is Existing or more than 2 years old

MECHANICAL AIR SYSTEMS INCORPORATED

Date Approved

01/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MECHANICAL AIR SYSTEMS INCORPORATED

Borrower Address

6995 20th Ave

Borrower City

Hugo

Borrower State

MN

Borrower Zip

55038-8811

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

179900.00

Current Approval Amount

179900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38359

Servicing Lender Name

Premier Bank

Servicing Lender Address

2866 White Bear Ave

Servicing Lender City

MAPLEWOOD

Servicing Lender State

MN

Servicing Lender Zip

55109-1301

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hugo

Project County Name

ANOKA

Project State

MN

Project Zip

55038-8811

CD

MN-06

Jobs Reported

11

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

179900.00

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

38359

Originating Lender

Premier Bank

Originating Lender City

MAPLEWOOD

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

180579.62

Forgiveness Date

06/15/2021

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