PPP Loan information for Service mechanical inc.

$207,521

Service mechanical inc. was initially approved for PPP Loan of amount $207,521, the current approved amount is $207,521. The loan was approved on 02/02/2021 by The First Merchants Bank reported 19 jobs and $207,521 was used to fund payroll.

Service mechanical inc. is Existing or more than 2 years old

SERVICE MECHANICAL INC.

Date Approved

02/02/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

SERVICE MECHANICAL INC.

Borrower Address

1411 Lincoln Hwy E

Borrower City

New Haven

Borrower State

IN

Borrower Zip

46774-1656

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

207521.04

Current Approval Amount

207521.04

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New Haven

Project County Name

ALLEN

Project State

IN

Project Zip

46774-1656

CD

IN-03

Jobs Reported

19

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

207519.04

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

209869.15

Forgiveness Date

03/30/2022

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