PPP Loan information for Mechanical concepts inc

$73,515

Mechanical concepts inc was initially approved for PPP Loan of amount $73,515, the current approved amount is $73,515. The loan was approved on 02/01/2021 by The Citizens Business Bank reported 5 jobs and $73,515 was used to fund payroll.

Mechanical concepts inc is Existing or more than 2 years old

PPP Loan Search / CA / Glendale / Mechanical concepts inc

MECHANICAL CONCEPTS INC

Date Approved

02/01/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

MECHANICAL CONCEPTS INC

Borrower Address

429 Fernando Ct

Borrower City

Glendale

Borrower State

CA

Borrower Zip

91204-2723

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

73515.00

Current Approval Amount

73515.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5095

Servicing Lender Name

Citizens Business Bank

Servicing Lender Address

701 N Haven Ave

Servicing Lender City

ONTARIO

Servicing Lender State

CA

Servicing Lender Zip

91764-4925

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Glendale

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91204-2723

CD

CA-30

Jobs Reported

5

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

73512.00

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

5095

Originating Lender

Citizens Business Bank

Originating Lender City

ONTARIO

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

73847.33

Forgiveness Date

08/04/2021

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