PPP Loan information for Mechanical east co. inc

$573,514

Mechanical east co. inc was initially approved for PPP Loan of amount $573,514, the current approved amount is $573,514. The loan was approved on 04/27/2020 by The Signature Bank reported 48 jobs and $573,514 was used to fund payroll.

Mechanical east co. inc is Existing or more than 2 years old

MECHANICAL EAST CO. INC

Date Approved

04/27/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

MECHANICAL EAST CO. INC

Borrower Address

70 NORTH 7TH STREET

Borrower City

BROOKLYN

Borrower State

NY

Borrower Zip

11211

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

573514.00

Current Approval Amount

573514.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

224478

Servicing Lender Name

Signature Bank

Servicing Lender Address

565 5th Ave, 12th Fl

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10017-2496

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOKLYN

Project County Name

KINGS

Project State

NY

Project Zip

11211-0001

CD

NY-07

Jobs Reported

48

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

573514.00

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

224478

Originating Lender

Signature Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

578023.55

Forgiveness Date

02/17/2021

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