PPP Loan information for Mechanical solutions inc

$758,873

Mechanical solutions inc was initially approved for PPP Loan of amount $758,873, the current approved amount is $758,873. The loan was approved on 04/13/2020 by The Provident Bank reported 32 jobs and $758,873 was used to fund payroll.

Mechanical solutions inc is Existing or more than 2 years old

PPP Loan Search / NJ / WHIPPANY / Mechanical solutions inc

MECHANICAL SOLUTIONS INC

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MECHANICAL SOLUTIONS INC

Borrower Address

11 APOLLO DR

Borrower City

WHIPPANY

Borrower State

NJ

Borrower Zip

07981-1423

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

758873.00

Current Approval Amount

758873.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43795

Servicing Lender Name

Provident Bank

Servicing Lender Address

239 Washington St

Servicing Lender City

JERSEY CITY

Servicing Lender State

NJ

Servicing Lender Zip

07302-3828

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WHIPPANY

Project County Name

MORRIS

Project State

NJ

Project Zip

07981-1423

CD

NJ-11

Jobs Reported

32

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

758873.00

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

Corporation

Originating Lender Location Id

43795

Originating Lender

Provident Bank

Originating Lender City

JERSEY CITY

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

765047.94

Forgiveness Date

02/09/2021

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