PPP Loan information for Service mechanical industries inc.

$405,527

Service mechanical industries inc. was initially approved for PPP Loan of amount $405,527, the current approved amount is $405,527. The loan was approved on 02/20/2021 by The Barrington Bank & Trust Company, National Association reported 21 jobs and $405,527 was used to fund payroll.

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

PPP Loan Search / IL / Schaumburg / Service mechanical industries inc.

SERVICE MECHANICAL INDUSTRIES INC.

Date Approved

02/20/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

SERVICE MECHANICAL INDUSTRIES INC.

Borrower Address

700 Cooper Ct Ste A

Borrower City

Schaumburg

Borrower State

IL

Borrower Zip

60173-4571

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

405527.00

Current Approval Amount

405527.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121149

Servicing Lender Name

Barrington Bank & Trust Company, National Association

Servicing Lender Address

201 S Hough St

Servicing Lender City

BARRINGTON

Servicing Lender State

IL

Servicing Lender Zip

60010-4321

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Schaumburg

Project County Name

COOK

Project State

IL

Project Zip

60173-4571

CD

IL-08

Jobs Reported

21

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

405527.00

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

121149

Originating Lender

Barrington Bank & Trust Company, National Association

Originating Lender City

BARRINGTON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

407870.04

Forgiveness Date

09/22/2021

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