PPP Loan information for Plain mechanical services inc

$230,000

Plain mechanical services inc was initially approved for PPP Loan of amount $87,500, the current approved amount is $230,000. The loan was approved on 04/06/2020 by The Northwest Bank reported 15 jobs and $230,000 was used to fund payroll.

Plain mechanical services inc is Existing or more than 2 years old

PLAIN MECHANICAL SERVICES INC

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

PLAIN MECHANICAL SERVICES INC

Borrower Address

2300 Hawkeye Dr.

Borrower City

SIOUX CITY

Borrower State

IA

Borrower Zip

51105-2050

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87500.00

Current Approval Amount

230000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SIOUX CITY

Project County Name

WOODBURY

Project State

IA

Project Zip

51105-2050

CD

IA-04

Jobs Reported

15

NAICS Code

423720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3600.00

Payroll Proceed

212500.00

Mortgage Interest Proceed

0.00

Rent Proceed

10300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3600.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

231284.17

Forgiveness Date

11/03/2020

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