PPP Loan information for Mechone, inc.

$848,400

Mechone, inc. was initially approved for PPP Loan of amount $848,400, the current approved amount is $848,400. The loan was approved on 04/03/2020 by The Adams Bank & Trust reported 44 jobs and $848,400 was used to fund payroll.

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

MECHONE, INC.

Date Approved

04/03/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

MECHONE, INC.

Borrower Address

1275 Vapor Trail

Borrower City

COLORADO SPRINGS

Borrower State

CO

Borrower Zip

80916-2701

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

848400.00

Current Approval Amount

848400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42396

Servicing Lender Name

Adams Bank & Trust

Servicing Lender Address

315 N Spruce St

Servicing Lender City

OGALLALA

Servicing Lender State

NE

Servicing Lender Zip

69153-2517

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COLORADO SPRINGS

Project County Name

EL PASO

Project State

CO

Project Zip

80916-2701

CD

CO-05

Jobs Reported

44

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2664.50

Payroll Proceed

801441.84

Mortgage Interest Proceed

0.00

Rent Proceed

18916.66

Refinance EIDL Proceed

0.00

Health Care Proceed

25377.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

42396

Originating Lender

Adams Bank & Trust

Originating Lender City

OGALLALA

Originating Lender State

NE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

853699.59

Forgiveness Date

11/25/2020

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