PPP Loan information for Mechanico llc

$527,500

Mechanico llc was initially approved for PPP Loan of amount $527,500, the current approved amount is $527,500. The loan was approved on 02/26/2021 by The Northwest Bank reported 26 jobs and $527,500 was used to fund payroll.

Mechanico llc is Existing or more than 2 years old

PPP Loan Search / IA / Fort Dodge / Mechanico llc

MECHANICO LLC

Date Approved

02/26/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

MECHANICO LLC

Borrower Address

2199 235th St

Borrower City

Fort Dodge

Borrower State

IA

Borrower Zip

50501-8665

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

527500.00

Current Approval Amount

527500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fort Dodge

Project County Name

WEBSTER

Project State

IA

Project Zip

50501-8665

CD

IA-04

Jobs Reported

26

NAICS Code

811310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

527497.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

531588.12

Forgiveness Date

12/09/2021

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