PPP Loan information for Mounting systems, inc.

$58,275

Mounting systems, inc. was initially approved for PPP Loan of amount $58,275, the current approved amount is $58,275. The loan was approved on 04/14/2020 by The First Metro Bank reported 7 jobs and $58,275 was used to fund payroll.

Mounting systems, inc. is Existing or more than 2 years old

PPP Loan Search / AL / TUSCUMBIA / Mounting systems, inc.

MOUNTING SYSTEMS, INC.

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MOUNTING SYSTEMS, INC.

Borrower Address

75 HIGHWAY 157

Borrower City

TUSCUMBIA

Borrower State

AL

Borrower Zip

35674-5926

Loan Status Date

03/30/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58275.00

Current Approval Amount

58275.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112619

Servicing Lender Name

First Metro Bank

Servicing Lender Address

406 W Avalon Ave

Servicing Lender City

MUSCLE SHOALS

Servicing Lender State

AL

Servicing Lender Zip

35661-2808

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TUSCUMBIA

Project County Name

COLBERT

Project State

AL

Project Zip

35674-5926

CD

AL-04

Jobs Reported

7

NAICS Code

423850

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5827.50

Payroll Proceed

43706.25

Mortgage Interest Proceed

8741.25

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

112619

Originating Lender

First Metro Bank

Originating Lender City

MUSCLE SHOALS

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

59037.43

Forgiveness Date

08/05/2021

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