PPP Loan information for Mechadyne machine, inc.

$242,100

Mechadyne machine, inc. was initially approved for PPP Loan of amount $242,100, the current approved amount is $242,100. The loan was approved on 04/15/2020 by The United Community Bank reported 37 jobs and $242,100 was used to fund payroll.

Mechadyne machine, inc. is Existing or more than 2 years old

MECHADYNE MACHINE, INC.

Date Approved

04/15/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MECHADYNE MACHINE, INC.

Borrower Address

8965 Bright Star Rd

Borrower City

DOUGLASVILLE

Borrower State

GA

Borrower Zip

30134

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

242100.00

Current Approval Amount

242100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DOUGLASVILLE

Project County Name

DOUGLAS

Project State

GA

Project Zip

30134-1000

CD

GA-03

Jobs Reported

37

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

242100.00

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

Corporation

Originating Lender Location Id

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

243924.04

Forgiveness Date

01/25/2021

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