PPP Loan information for Mechanical insulation & supply inc.

$137,700

Mechanical insulation & supply inc. was initially approved for PPP Loan of amount $137,700, the current approved amount is $137,700. The loan was approved on 04/03/2020 by The Aspire Bank reported 11 jobs and $137,700 was used to fund payroll.

Mechanical insulation & supply inc. is Existing or more than 2 years old

MECHANICAL INSULATION & SUPPLY INC.

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

MECHANICAL INSULATION & SUPPLY INC.

Borrower Address

2938 MAPLE ST

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58102-1721

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

137700.00

Current Approval Amount

137700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52841

Servicing Lender Name

Aspire Bank

Servicing Lender Address

5195 45th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-3339

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARGO

Project County Name

CASS

Project State

ND

Project Zip

58102-1721

CD

ND-

Jobs Reported

11

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6900.00

Payroll Proceed

96600.00

Mortgage Interest Proceed

13800.00

Rent Proceed

20400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52841

Originating Lender

Aspire Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

138643.15

Forgiveness Date

12/17/2020

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