PPP Loan information for Momentum mechanical, inc.

$428,200

Momentum mechanical, inc. was initially approved for PPP Loan of amount $428,200, the current approved amount is $428,200. The loan was approved on 04/07/2020 by The Frost Bank reported 38 jobs and $428,200 was used to fund payroll.

Momentum mechanical, inc. is Existing or more than 2 years old

MOMENTUM MECHANICAL, INC.

Date Approved

04/07/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

MOMENTUM MECHANICAL, INC.

Borrower Address

2504 GRAVEL DR

Borrower City

FORT WORTH

Borrower State

TX

Borrower Zip

76118-6903

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

23

SBA Guaranty Percentage

100

Initial Approval Amount

428200.00

Current Approval Amount

428200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71783

Servicing Lender Name

Frost Bank

Servicing Lender Address

111 W Houston St

Servicing Lender City

SAN ANTONIO

Servicing Lender State

TX

Servicing Lender Zip

78205-1414

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FORT WORTH

Project County Name

TARRANT

Project State

TX

Project Zip

76118-6903

CD

TX-12

Jobs Reported

38

NAICS Code

238220

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

428200.00

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

71783

Originating Lender

Frost Bank

Originating Lender City

SAN ANTONIO

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

432716.63

Forgiveness Date

05/10/2021

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