PPP Loan information for Mectech, llc

$194,600

Mectech, llc was initially approved for PPP Loan of amount $194,600, the current approved amount is $194,600. The loan was approved on 04/04/2020 by The First Bank reported 19 jobs and $194,600 was used to fund payroll.

Mectech, llc is Existing or more than 2 years old

MECTECH, LLC

Date Approved

04/04/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MECTECH, LLC

Borrower Address

31 Steel View Drive

Borrower City

ROANOKE

Borrower State

AL

Borrower Zip

36274-2801

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

194600.00

Current Approval Amount

194600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3340

Servicing Lender Name

First Bank

Servicing Lender Address

312 Main St

Servicing Lender City

WADLEY

Servicing Lender State

AL

Servicing Lender Zip

36276

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROANOKE

Project County Name

RANDOLPH

Project State

AL

Project Zip

36274-2801

CD

AL-03

Jobs Reported

19

NAICS Code

332312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

184600.00

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

3340

Originating Lender

First Bank

Originating Lender City

WADLEY

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

196221.67

Forgiveness Date

02/03/2021

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