PPP Loan information for Mechanical resources inc.

$251,871

Mechanical resources inc. was initially approved for PPP Loan of amount $251,871, the current approved amount is $251,871. The loan was approved on 04/06/2020 by The Pioneer Bank reported 17 jobs and $251,871 was used to fund payroll.

Mechanical resources inc. is Existing or more than 2 years old

PPP Loan Search / MN / MANKATO / Mechanical resources inc.

MECHANICAL RESOURCES INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MECHANICAL RESOURCES INC.

Borrower Address

20 Map Dr

Borrower City

MANKATO

Borrower State

MN

Borrower Zip

56001-8941

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

251871.35

Current Approval Amount

251871.35

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38355

Servicing Lender Name

Pioneer Bank

Servicing Lender Address

301 Main St NE

Servicing Lender City

MAPLETON

Servicing Lender State

MN

Servicing Lender Zip

56065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANKATO

Project County Name

BLUE EARTH

Project State

MN

Project Zip

56001-8941

CD

MN-01

Jobs Reported

17

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

251871.35

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

Corporation

Originating Lender Location Id

38355

Originating Lender

Pioneer Bank

Originating Lender City

MAPLETON

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

253298.62

Forgiveness Date

11/05/2020

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