PPP Loan information for Mechanical systems inc

$235,100

Mechanical systems inc was initially approved for PPP Loan of amount $235,100, the current approved amount is $235,100. The loan was approved on 04/27/2020 by The Truist Bank reported 15 jobs and $235,100 was used to fund payroll.

Mechanical systems inc is Existing or more than 2 years old

PPP Loan Search / KY / OWENSBORO / Mechanical systems inc

MECHANICAL SYSTEMS INC

Date Approved

04/27/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

MECHANICAL SYSTEMS INC

Borrower Address

2901 w 4TH ST

Borrower City

OWENSBORO

Borrower State

KY

Borrower Zip

42301-8665

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

235100.00

Current Approval Amount

235100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OWENSBORO

Project County Name

DAVIESS

Project State

KY

Project Zip

42301-8665

CD

KY-02

Jobs Reported

15

NAICS Code

423720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

235100.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

237424.88

Forgiveness Date

04/22/2021

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