PPP Loan information for Mechanical automated control systems inc.

$212,245

Mechanical automated control systems inc. was initially approved for PPP Loan of amount $212,245, the current approved amount is $212,245. The loan was approved on 01/20/2021 by The Loan Source Incorporated reported 18 jobs and $212,245 was used to fund payroll.

Mechanical automated control systems inc. is Existing or more than 2 years old

PPP Loan Search / TN / Bartlett / Mechanical automated control systems inc.

MECHANICAL AUTOMATED CONTROL SYSTEMS INC.

Date Approved

01/20/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

MECHANICAL AUTOMATED CONTROL SYSTEMS INC.

Borrower Address

3150 Stage Post Dr

Borrower City

Bartlett

Borrower State

TN

Borrower Zip

38133-4050

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

212245.00

Current Approval Amount

212245.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bartlett

Project County Name

SHELBY

Project State

TN

Project Zip

38133-4050

CD

TN-08

Jobs Reported

18

NAICS Code

333613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

212241.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

214617.49

Forgiveness Date

03/17/2022

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