PPP Loan information for Mechanical resolution

$23,250

Mechanical resolution was initially approved for PPP Loan of amount $23,250, the current approved amount is $23,250. The loan was approved on 04/09/2020 by The Coastal1 Credit Union reported 1 jobs and $23,250 was used to fund payroll.

Mechanical resolution is Existing or more than 2 years old

MECHANICAL RESOLUTION

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MECHANICAL RESOLUTION

Borrower Address

160 WOODWARD AVE

Borrower City

SEEKONK

Borrower State

MA

Borrower Zip

02771-2917

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23250.00

Current Approval Amount

23250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

104790

Servicing Lender Name

Coastal1 Credit Union

Servicing Lender Address

1200 Central Ave

Servicing Lender City

PAWTUCKET

Servicing Lender State

RI

Servicing Lender Zip

02861-2200

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SEEKONK

Project County Name

BRISTOL

Project State

MA

Project Zip

02771-2917

CD

MA-04

Jobs Reported

1

NAICS Code

541618

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

23250.00

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

Sole Proprietorship

Originating Lender Location Id

104790

Originating Lender

Coastal1 Credit Union

Originating Lender City

PAWTUCKET

Originating Lender State

RI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

23538.69

Forgiveness Date

07/29/2021

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