PPP Loan information for Mechanical industries, inc.

$757,000

Mechanical industries, inc. was initially approved for PPP Loan of amount $757,000, the current approved amount is $757,000. The loan was approved on 05/01/2020 by The BMO Harris Bank National Association reported 57 jobs and $757,000 was used to fund payroll.

Mechanical industries, inc. is New Business or 2 years or less

PPP Loan Search / CA / Bakersfield / Mechanical industries, inc.

MECHANICAL INDUSTRIES, INC.

Date Approved

05/01/2020

SBA Office Code

0942

Processing Method

PPP

Borrower Name

MECHANICAL INDUSTRIES, INC.

Borrower Address

314 Yampa Street

Borrower City

Bakersfield

Borrower State

CA

Borrower Zip

93307

Loan Status Date

02/01/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

757000.00

Current Approval Amount

757000.00

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

New Business or 2 years or less

Project City

Bakersfield

Project County Name

KERN

Project State

CA

Project Zip

93307-0001

CD

CA-22

Jobs Reported

57

NAICS Code

238120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

757000.00

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

767345.67

Forgiveness Date

09/16/2021

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