PPP Loan information for Mechanical equipment company, inc

$323,500

Mechanical equipment company, inc was initially approved for PPP Loan of amount $323,500, the current approved amount is $323,500. The loan was approved on 05/05/2020 by The Truist Bank reported 27 jobs and $323,500 was used to fund payroll.

Mechanical equipment company, inc is Existing or more than 2 years old

PPP Loan Search / GA / Lawrenceville / Mechanical equipment company, inc

MECHANICAL EQUIPMENT COMPANY, INC

Date Approved

05/05/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MECHANICAL EQUIPMENT COMPANY, INC

Borrower Address

111 B Tanner Street

Borrower City

Lawrenceville

Borrower State

GA

Borrower Zip

30046

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

323500.00

Current Approval Amount

323500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lawrenceville

Project County Name

GWINNETT

Project State

GA

Project Zip

30046-0001

CD

GA-07

Jobs Reported

27

NAICS Code

423730

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

323500.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

326034.08

Forgiveness Date

02/19/2021

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