PPP Loan information for Mechanical research & design inc

$337,170

Mechanical research & design inc was initially approved for PPP Loan of amount $337,170, the current approved amount is $337,170. The loan was approved on 01/28/2021 by The Bank First, N.A. reported 14 jobs and $337,170 was used to fund payroll.

Mechanical research & design inc is Existing or more than 2 years old

MECHANICAL RESEARCH & DESIGN INC

Date Approved

01/28/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

MECHANICAL RESEARCH & DESIGN INC

Borrower Address

7511 Center Rd

Borrower City

Manitowoc

Borrower State

WI

Borrower Zip

54220-9103

Loan Status Date

12/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

337170.00

Current Approval Amount

337170.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76173

Servicing Lender Name

Bank First, N.A.

Servicing Lender Address

402 N 8th St

Servicing Lender City

MANITOWOC

Servicing Lender State

WI

Servicing Lender Zip

54220-4010

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Manitowoc

Project County Name

MANITOWOC

Project State

WI

Project Zip

54220-9103

CD

WI-06

Jobs Reported

14

NAICS Code

339991

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

337168.00

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

76173

Originating Lender

Bank First, N.A.

Originating Lender City

MANITOWOC

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

339829.90

Forgiveness Date

11/17/2021

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