PPP Loan information for Mechatronics, inc.

$2,281,520

Mechatronics, inc. was initially approved for PPP Loan of amount $2,281,520, the current approved amount is $2,281,520. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 152 jobs and $2,281,520 was used to fund payroll.

Mechatronics, inc. is Existing or more than 2 years old

MECHATRONICS, INC.

Date Approved

04/09/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

MECHATRONICS, INC.

Borrower Address

8152 304th Ave SE PO Box 5012

Borrower City

Preston

Borrower State

WA

Borrower Zip

98050-5012

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2281520.00

Current Approval Amount

2281520.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Preston

Project County Name

KING

Project State

WA

Project Zip

98050-5012

CD

WA-08

Jobs Reported

152

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25520.00

Payroll Proceed

1840000.00

Mortgage Interest Proceed

0.00

Rent Proceed

116000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

225000.00

Debt Interest Proceed

75000

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2308785.43

Forgiveness Date

06/24/2021

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