PPP Loan information for Mechanical industries inc

$898,760

Mechanical industries inc was initially approved for PPP Loan of amount $898,760, the current approved amount is $898,760. The loan was approved on 03/05/2021 by The BMO Harris Bank National Association reported 48 jobs and $898,760 was used to fund payroll.

Mechanical industries inc is Existing or more than 2 years old

PPP Loan Search / CA / Bakersfield / Mechanical industries inc

MECHANICAL INDUSTRIES INC

Date Approved

03/05/2021

SBA Office Code

0942

Processing Method

PPS

Borrower Name

MECHANICAL INDUSTRIES INC

Borrower Address

314 Yampa St

Borrower City

Bakersfield

Borrower State

CA

Borrower Zip

93307-2722

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

898760.00

Current Approval Amount

898760.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bakersfield

Project County Name

KERN

Project State

CA

Project Zip

93307-2722

CD

CA-22

Jobs Reported

48

NAICS Code

236210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

898754.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

906149.80

Forgiveness Date

01/03/2022

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