PPP Loan information for Mechanical energy systems, inc.

$437,252

Mechanical energy systems, inc. was initially approved for PPP Loan of amount $437,252, the current approved amount is $437,252. The loan was approved on 04/28/2020 by The U.S. Bank, National Association reported 29 jobs and $437,252 was used to fund payroll.

Mechanical energy systems, inc. is Existing or more than 2 years old

PPP Loan Search / MN / SAINT CLOUD / Mechanical energy systems, inc.

MECHANICAL ENERGY SYSTEMS, INC.

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MECHANICAL ENERGY SYSTEMS, INC.

Borrower Address

629 LINCOLN AVE NE

Borrower City

SAINT CLOUD

Borrower State

MN

Borrower Zip

56304

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

437252.00

Current Approval Amount

437252.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAINT CLOUD

Project County Name

SHERBURNE

Project State

MN

Project Zip

56304-0001

CD

MN-06

Jobs Reported

29

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

437252.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

443142.76

Forgiveness Date

09/07/2021

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