PPP Loan information for Southern mechanical inc

$749,932

Southern mechanical inc was initially approved for PPP Loan of amount $749,932, the current approved amount is $749,932. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 49 jobs and $749,932 was used to fund payroll.

Southern mechanical inc is Existing or more than 2 years old

SOUTHERN MECHANICAL INC

Date Approved

05/01/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SOUTHERN MECHANICAL INC

Borrower Address

2607 ANNAPOLIS ROAD

Borrower City

BALTIMORE

Borrower State

MD

Borrower Zip

21230

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

749932.00

Current Approval Amount

749932.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BALTIMORE

Project County Name

BALTIMORE CITY

Project State

MD

Project Zip

21230-0001

CD

MD-07

Jobs Reported

49

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

749932.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

757801.15

Forgiveness Date

05/25/2021

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