PPP Loan information for Farnell mechanical inc

$183,947

Farnell mechanical inc was initially approved for PPP Loan of amount $183,947, the current approved amount is $183,947. The loan was approved on 04/27/2020 by The Farmers and Merchants Bank reported 17 jobs and $183,947 was used to fund payroll.

Farnell mechanical inc is Existing or more than 2 years old

PPP Loan Search / AL / OPELIKA / Farnell mechanical inc

FARNELL MECHANICAL INC

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

FARNELL MECHANICAL INC

Borrower Address

2105 AIRPORT ROAD SUITE 3

Borrower City

OPELIKA

Borrower State

AL

Borrower Zip

36801-6764

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

183947.35

Current Approval Amount

183947.35

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2074

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

2 First St North E

Servicing Lender City

LAFAYETTE

Servicing Lender State

AL

Servicing Lender Zip

36862

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OPELIKA

Project County Name

LEE

Project State

AL

Project Zip

36801-6764

CD

AL-03

Jobs Reported

17

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

183947.35

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

2074

Originating Lender

Farmers and Merchants Bank

Originating Lender City

LAFAYETTE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

184913.07

Forgiveness Date

11/03/2020

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