PPP Loan information for Associated mechanical companies, inc

$262,200

Associated mechanical companies, inc was initially approved for PPP Loan of amount $262,200, the current approved amount is $262,200. The loan was approved on 04/07/2020 by The The Old Point National Bank of Phoebus reported 20 jobs and $262,200 was used to fund payroll.

Associated mechanical companies, inc is Existing or more than 2 years old

PPP Loan Search / VA / CHESAPEAKE / Associated mechanical companies, inc

ASSOCIATED MECHANICAL COMPANIES, INC

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ASSOCIATED MECHANICAL COMPANIES, INC

Borrower Address

3204 BATTLEFIELD BLVD

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23322-2311

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

262200.00

Current Approval Amount

262200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73444

Servicing Lender Name

The Old Point National Bank of Phoebus

Servicing Lender Address

1 W Mellen St

Servicing Lender City

HAMPTON

Servicing Lender State

VA

Servicing Lender Zip

23663-2305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHESAPEAKE

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23322-2311

CD

VA-02

Jobs Reported

20

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9500.00

Payroll Proceed

211000.00

Mortgage Interest Proceed

700.00

Rent Proceed

41000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73444

Originating Lender

The Old Point National Bank of Phoebus

Originating Lender City

HAMPTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

263991.70

Forgiveness Date

12/23/2020

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