PPP Loan information for Mechanical hvac systems inc

$61,200

Mechanical hvac systems inc was initially approved for PPP Loan of amount $68,300, the current approved amount is $61,200. The loan was approved on 04/07/2020 by The BankNewport reported 6 jobs and $61,200 was used to fund payroll.

Mechanical hvac systems inc is Existing or more than 2 years old

PPP Loan Search / RI / PEACE DALE / Mechanical hvac systems inc

MECHANICAL HVAC SYSTEMS INC

Date Approved

04/07/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

MECHANICAL HVAC SYSTEMS INC

Borrower Address

65 Green Street

Borrower City

PEACE DALE

Borrower State

RI

Borrower Zip

02883

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

68300.00

Current Approval Amount

61200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65657

Servicing Lender Name

BankNewport

Servicing Lender Address

10 Washington Sq

Servicing Lender City

NEWPORT

Servicing Lender State

RI

Servicing Lender Zip

02840-2948

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEACE DALE

Project County Name

WASHINGTON

Project State

RI

Project Zip

02883-0001

CD

RI-02

Jobs Reported

6

NAICS Code

423730

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

61200.00

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

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

62068.54

Forgiveness Date

09/20/2021

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