PPP Loan information for Mayer mechanical inc

$58,700

Mayer mechanical inc was initially approved for PPP Loan of amount $58,700, the current approved amount is $58,700. The loan was approved on 04/15/2020 by The MidCountry Bank reported 6 jobs and $58,700 was used to fund payroll.

Mayer mechanical inc is New Business or 2 years or less

PPP Loan Search / MN / HUTCHINSON / Mayer mechanical inc

MAYER MECHANICAL INC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MAYER MECHANICAL INC

Borrower Address

1115 Hwy 7 W

Borrower City

HUTCHINSON

Borrower State

MN

Borrower Zip

55350-0085

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58700.00

Current Approval Amount

58700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80291

Servicing Lender Name

MidCountry Bank

Servicing Lender Address

7825 Washington Ave South, Ste 120

Servicing Lender City

BLOOMINGTON

Servicing Lender State

MN

Servicing Lender Zip

55439-2431

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

HUTCHINSON

Project County Name

MCLEOD

Project State

MN

Project Zip

55350-0085

CD

MN-07

Jobs Reported

6

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

47500.00

Mortgage Interest Proceed

0.00

Rent Proceed

4000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7200.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

80291

Originating Lender

MidCountry Bank

Originating Lender City

BLOOMINGTON

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

59172.82

Forgiveness Date

02/11/2021

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