PPP Loan information for Payne mechanical inc

$40,800

Payne mechanical inc was initially approved for PPP Loan of amount $40,800, the current approved amount is $40,800. The loan was approved on 01/25/2021 by The ELGA CU reported 5 jobs and $40,800 was used to fund payroll.

Payne mechanical inc is Existing or more than 2 years old

PPP Loan Search / MI / Flushing / Payne mechanical inc

PAYNE MECHANICAL INC

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PAYNE MECHANICAL INC

Borrower Address

6447 Carpenter Rd

Borrower City

Flushing

Borrower State

MI

Borrower Zip

48433-9072

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40800.00

Current Approval Amount

40800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98882

Servicing Lender Name

ELGA CU

Servicing Lender Address

6065 Grand Pointe Blvd

Servicing Lender City

GRAND BLANC

Servicing Lender State

MI

Servicing Lender Zip

48439

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Flushing

Project County Name

GENESEE

Project State

MI

Project Zip

48433-9072

CD

MI-08

Jobs Reported

5

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40800.00

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

Corporation

Originating Lender Location Id

98882

Originating Lender

ELGA CU

Originating Lender City

GRAND BLANC

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40992.67

Forgiveness Date

07/23/2021

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