PPP Loan information for Ward mechnical equipment, inc.

$522,000

Ward mechnical equipment, inc. was initially approved for PPP Loan of amount $522,000, the current approved amount is $522,000. The loan was approved on 04/03/2020 by The First Commercial Bank reported 33 jobs and $522,000 was used to fund payroll.

Ward mechnical equipment, inc. is Existing or more than 2 years old

PPP Loan Search / MS / RIDGELAND / Ward mechnical equipment, inc.

WARD MECHNICAL EQUIPMENT, INC.

Date Approved

04/03/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

WARD MECHNICAL EQUIPMENT, INC.

Borrower Address

210 Market Ridge Drive

Borrower City

RIDGELAND

Borrower State

MS

Borrower Zip

39157

Loan Status Date

02/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

522000.00

Current Approval Amount

522000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

202885

Servicing Lender Name

First Commercial Bank

Servicing Lender Address

1300 Meadowbrook Rd

Servicing Lender City

JACKSON

Servicing Lender State

MS

Servicing Lender Zip

39211-6376

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RIDGELAND

Project County Name

MADISON

Project State

MS

Project Zip

39157-0002

CD

MS-03

Jobs Reported

33

NAICS Code

423730

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

21205.00

Payroll Proceed

499478.00

Mortgage Interest Proceed

1317.00

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

202885

Originating Lender

First Commercial Bank

Originating Lender City

JACKSON

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

525480.00

Forgiveness Date

12/10/2020

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