Date Approved
02/06/2021
SBA Office Code
0669
Processing Method
PPS
Borrower Name
MECHANISMS INC
Borrower Address
102 N Texas St
Borrower City
Crossett
Borrower State
AR
Borrower Zip
71635-2518
Loan Status Date
07/17/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
204680.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
82860
Servicing Lender Name
Century Next Bank
Servicing Lender Address
505 N Vienna St
Servicing Lender City
RUSTON
Servicing Lender State
LA
Servicing Lender Zip
71270-3813
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ASHLEY
Project State
Project Zip
CD
AR-04
Jobs Reported
19
NAICS Code
334519
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
204678.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
205572.63
Forgiveness Date
07/14/2021