PPP Loan information for General mechanical inc

$2,000,000

General mechanical inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/26/2021 by The Banner Bank reported 83 jobs and $2,000,000 was used to fund payroll.

General mechanical inc is Existing or more than 2 years old

GENERAL MECHANICAL INC

Date Approved

01/26/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

GENERAL MECHANICAL INC

Borrower Address

2316 S State St

Borrower City

Tacoma

Borrower State

WA

Borrower Zip

98405-2813

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79430

Servicing Lender Name

Banner Bank

Servicing Lender Address

10 S First Ave

Servicing Lender City

WALLA WALLA

Servicing Lender State

WA

Servicing Lender Zip

99362-1942

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tacoma

Project County Name

PIERCE

Project State

WA

Project Zip

98405-2813

CD

WA-06

Jobs Reported

83

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

79430

Originating Lender

Banner Bank

Originating Lender City

WALLA WALLA

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2017095.89

Forgiveness Date

12/08/2021

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