PPP Loan information for Mecum auction inc

$2,000,000

Mecum auction inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/31/2021 by The Fifth Third Bank reported 213 jobs and $2,000,000 was used to fund payroll.

Mecum auction inc is Existing or more than 2 years old

MECUM AUCTION INC

Date Approved

01/31/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

MECUM AUCTION INC

Borrower Address

445 S Main St

Borrower City

Walworth

Borrower State

WI

Borrower Zip

53184-9536

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Walworth

Project County Name

WALWORTH

Project State

WI

Project Zip

53184-9536

CD

WI-01

Jobs Reported

213

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

Subchapter S Corporation

Originating Lender Location Id

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2014611.11

Forgiveness Date

10/26/2021

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