PPP Loan information for Mechanical concepts inc

$1,085,200

Mechanical concepts inc was initially approved for PPP Loan of amount $1,085,200, the current approved amount is $1,085,200. The loan was approved on 04/10/2020 by The Centier Bank reported 62 jobs and $1,085,200 was used to fund payroll.

Mechanical concepts inc is Existing or more than 2 years old

PPP Loan Search / IN / GARY / Mechanical concepts inc

MECHANICAL CONCEPTS INC

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MECHANICAL CONCEPTS INC

Borrower Address

750 S COUNTY LINE RD

Borrower City

GARY

Borrower State

IN

Borrower Zip

46403-3321

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1085200.00

Current Approval Amount

1085200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24502

Servicing Lender Name

Centier Bank

Servicing Lender Address

1500 119th St

Servicing Lender City

WHITING

Servicing Lender State

IN

Servicing Lender Zip

46394-1733

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GARY

Project County Name

LAKE

Project State

IN

Project Zip

46403-3321

CD

IN-01

Jobs Reported

62

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1085200.00

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

Subchapter S Corporation

Originating Lender Location Id

24502

Originating Lender

Centier Bank

Originating Lender City

WHITING

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1095487.10

Forgiveness Date

04/06/2021

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