PPP Loan information for Mechanico, llc

$374,300

Mechanico, llc was initially approved for PPP Loan of amount $374,300, the current approved amount is $374,300. The loan was approved on 04/13/2020 by The Northwest Bank reported 33 jobs and $374,300 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

04/13/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MECHANICO, LLC

Borrower Address

2199 235th St

Borrower City

FORT DODGE

Borrower State

IA

Borrower Zip

50501-8665

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

374300.00

Current Approval Amount

374300.00

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

33

NAICS Code

811310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3000.00

Payroll Proceed

341300.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10000.00

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

377138.44

Forgiveness Date

01/20/2021

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