PPP Loan information for Globe mechanical inc

$2,000,000

Globe 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 01/21/2021 by The WesBanco Bank, Inc. reported 71 jobs and $2,000,000 was used to fund payroll.

Globe mechanical inc is Existing or more than 2 years old

GLOBE MECHANICAL INC

Date Approved

01/21/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

GLOBE MECHANICAL INC

Borrower Address

20 W 7th St

Borrower City

New Albany

Borrower State

IN

Borrower Zip

47150-5912

Loan Status Date

04/15/2023

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

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New Albany

Project County Name

FLOYD

Project State

IN

Project Zip

47150-5912

CD

IN-09

Jobs Reported

71

NAICS Code

332996

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2043671.23

Forgiveness Date

04/03/2023

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