PPP Loan information for Mall city mechanical, inc

$3,908,300

Mall city mechanical, inc was initially approved for PPP Loan of amount $3,908,300, the current approved amount is $3,908,300. The loan was approved on 04/08/2020 by The Mercantile Bank reported 225 jobs and $3,908,300 was used to fund payroll.

Mall city mechanical, inc is New Business or 2 years or less

MALL CITY MECHANICAL, INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MALL CITY MECHANICAL, INC

Borrower Address

7184 Douglas Ave.

Borrower City

KALAMAZOO

Borrower State

MI

Borrower Zip

49009-5217

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3908300.00

Current Approval Amount

3908300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

KALAMAZOO

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49009-5217

CD

MI-04

Jobs Reported

225

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

32000.00

Payroll Proceed

3818800.00

Mortgage Interest Proceed

7500.00

Rent Proceed

25000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

25000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3954557.14

Forgiveness Date

06/23/2021

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